Gains in 30 stocks lift capitalisation further by N69 billion

Transactions on the Nigerian Exchange Limited (NGX) continued in an upbeat mood yesterday, as gains in 30 stocks lifted market capitalisation further by N69 billion. Specifically, market capitalisation of listed equities increased by 0.27 per cent to N25.480 trillion from N25.411 trillion reported on Wednesday. Also, the NSE All Share Index, which measures the performance […]

Gains in Access bank, Guinness, 25 Others Lift Stock Market By N54bn

Gains in Access bank, Guinness, 25 Others Lift Stock Market By N54bn

Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday ended the three-day investors’ profit-taking buoyed by bargain hunting in Access Bank Plc, Guinness Nigeria, and 25 others as the overall market capitalisation gained N54 billion. The overall market capitalisation size gained N54 billion to close at N25.411 trillion from N25.36 trillion it […]

Stock Market Down N98bn onSell-off in MTN, Zenith Bank, 31 Others

Stock Market Down N98bn onSell-off in MTN, Zenith Bank, 31 Others

NGX Group Kayode Tokede Investors’ profit-taking in MTN Nigeria, Zenith Bank Plc, 31 other stocks down the Nigerian Exchange Limited (NGX) by N98billion. The overall market capitalisation value yesterday lost N98 billion to close at N25.289 trillion from N25.387trillion it opened for trading. Consequently, the NGX All-Share Index declined by 180.5 basis points or 0.38 […]

Stock round-up: Investors part with N19.6bn in five days as International Breweries, Japaul Gold lead losers

Stock round-up: Investors part with N19.6bn in five days as International Breweries, Japaul Gold lead losers

Investors at the Nigerian capital market parted with N19.614 billion to trade 1.785 billion shares in 27,822 deals this week. This surpassed the N19.08 billion coughed out by investors in exchange for 1.448 billion shares in 22,557 deals last week. Top NGX performing sector The Financial Services Industry was the top trading sector based on […]

Stock Market Drop N280bn on Profit-taking in Dangote Cement, 17 Others

Stock Market Drop N280bn on Profit-taking in Dangote Cement, 17 Others

Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday dropped by N280billion on investors’ profit taking in Dangote Cement and 17 others. The NGX All-Share Index declined by 520.76 basis points or 1.12 per cent, to close at 46,009.23 points. Similarly, the overall market capitalisation value lost N280 billion to close at […]