The equities market of the Nigerian Exchange Limited sustained its decline for the third straight day as investors lost N24.37bn at the end of trading on Wednesday. The NGX All-Share Index declined by 0.12 per cent, closing at 39204.52 basis points from 39,251.29bps the previous day, while the market capitalisation dropped from N20.45tn to N20.43tn. […]
NSE. Photo: AFRICANBUSINESSCENTRAL Sell-offs in many blue-chip stocks, especially, AXA Mansard and Chams, halted the two trading sessions of upbeat on the Nigerian Exchange Limited (NGX) to reopen on a downward note yesterday, as market capitalisation depreciated by N51 billion. In summary, the All-Share Index (ASI), which measures the performance of quoted companies dipped by […]
Trading activities on the Nigerian equities market yesterday closed with a decline of N3 billion, to extend the bearish sentiment to two consecutive trading days on sell-off in 15 stocks. Market watchers attributed the decline mostly to sell-off in the financial sectors, as investors lost N54 billion in two trading days. In summary, the All-Share […]
[FILES] Stock market display The Nigerian stock market reopened for the month of September on a downturn, following sell-pressure in the shares of FTN Cocoa and 16 others, causing investors’ wealth to plunge further by N18 billion. Specifically, at the close of transactions on the Nigerian Exchange Limited (NGX) yesterday, the All-Share Index (ASI) dipped […]
Investors lost N56 billion in value as the Nigerian equities market yesterday sustained its bearish performance to end the last trading day in August 2021 on decline. Sell pressures in highly capitalised stocks brought the market lower by 0.27 per cent as market capitalisation declined to N20.434 trillion. The All Share Index (ASI) fell by […]
Darasimi Adebisi Transactions on the Nigerian equities market yesterday closed on a negative note, taking the trading losses to the third consecutive day as investors’ profit-taking down market by N18 billion. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) dipped by 35.43 basis points, representing a decline of 0.09 per cent, to close at 39,184.18 […]
Nigerian Stock Exchange Stock Market Decline By N82.83bn On Profit-taking Transactions on the Nigerian equities market yesterday closed the first trading session of the week on a negative note with a decline of N82.83billion as profit-taking dominated all the major sectors. The overall market capitalisation dropped to N20.490 trillion from N20.57trillion it opened for trading, […]
Transnational Corporation of Nigeria Plc (Transcorp) multiplied after tax profit more than eight times year-on-year to close the half year operations at N6.5 billion. The conglomerate experienced a further upswing in earnings performance in the second quarter when it generated N4.5 billion or 69 percent of the closing profit figure for the half year in […]
Transnational Corporation (Transcorp) of Nigeria Plc, is set to improve power generation and transform the nation’s economy, as it sets a number of key targets to ensure long term shareholders’ returns and sustainability. This was disclosed by the President/Group Chief Executive Officer, Transcorp Plc, Owen Omogiafo, during the company’s half year (HY) analyst parley held […]
Nigerian Exchange Group (NGX) The Nigerian Exchange Limited (NGX) extended bearish sentiment to two trading sessions yesterday, as sustained sell-pressure in the shares of many insurance companies dragged the All-Share Index (ASI) further by 0.01 per cent. Specifically, the All-Share Index (ASI) dipped by 5.34 absolute points, representing a marginal decrease of 0.01 per cent […]
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