NGX Insurance Darasimi Adebisi Transactions on the stock market of the Nigerian Exchange Limited (NGX) yesterday commenced on a positive note as large and medium capitalised stocks appreciated. The market positive performance was driven by price appreciation in Airtel Africa Pl, Total Nigeria Plc, Unilever Nigeria Plc, PZ Cussons Nigeria Plc, and Guinness Nigeria Plc. […]
By Dipo Olowookere Investment in Nigerian equities last week waned by N22.2 billion or 64.2 per cent to N12.4 billion from N34.6 billion in the previous week as only 1.4 billion stocks were traded by investors in 23,987 deals in contrast to the 3.0 billion stocks transacted a week earlier in 25,932 deals. Business Post […]
Darasimi Adebisi Transactions on the stock market of the Nigerian Exchange Limited (NGX) yesterday commenced on a positive note as large and medium capitalised stocks appreciated. The market positive performance was driven by price appreciation in Airtel Africa Pl, Total Nigeria Plc, Unilever Nigeria Plc, PZ Cussons Nigeria Plc, and Guinness Nigeria Plc. The NGX […]
The Nigerian equities market commenced the week on a negative note yesterday following drive by investors to take profit in banking and insurance shares. Accordingly, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) dropped by 37.45 basis points, representing a decline of 0.10 per cent, to close at 38,906.42 basis points. Similarly, the market capitalization […]
Twenty-three companies listed on the Nigerian Exchange Limited recorded year-on-year losses worth N105.78bn in their market capitalisation as the half-year period ended in June. According to data from the NGX available to our correspondent, 23 firms led by CWG Plc failed to increase their share prices after a year of trading between June 30, 2020 […]
The Nigerian equities market yesterday closed transaction on a negative note by shedding N25 billion to halt the five consecutive days gaining streak, as the Central Bank of Nigeria (CBN) held all policy parameters unchanged. The downturn was due to investors’ sell-off sentiment in some bellwether stocks, as the market awaits the release of more […]
The Nigerian Exchange (NGX) Limited has reviewed its sectoral market indices in order to reflect current trends at the stock market. The half-year review led to the entry and exit of some companies from several indices effective July 1, 2021. The Exchange explained that the indices were developed to allow investors to follow market movements […]
Following gains recorded by most blue chip stocks, especially Seplat and FTN Cocoa, transactions on the Nigerian Stock Exchange (NSE) extended gain to two consecutive sessions, causing market capitalisation to appreciate further by N66 billion At the close of transactions yesterday, the All-Share Index (ASI) gained 125.70 absolute points, representing a growth of 0.31 per […]
Goddy Egene Investors staked N7.51 billion on 2.13 billion shares in 4,558 deals yesterday at the stock market as the bulls continued to dominate trading. The value of trading soared by 755 per cent compared to 249.545 million shares exchanged for N2.184 billion in 6,090 deals the previous day. Champion Breweries Plc was the most […]
Taofik Salako, Deputy Group Business Editor NIGERIAN equities continued on the upswing yesterday as considerable demand for major cement and oil and gas companies roused the market to net capital gain of N334 billion. Benchmark indices at the Nigerian Stock Exchange (NSE) indicated average return of 1.7 per cent yesterday, representing net capital gain of […]
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