The Nigerian stock market ended on the right note on Wednesday as the likes of Airtel, Oando and several others gained two hundred and forty-three billion Naira before the end of the day. The stoke market on Wednesday saw all the share index increase by 1.05 per cent to close at 43,476.75 from 43,026.23 posted […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited turned red on Tuesday following activities of profit-takers, which weakened the local bourse by 0.09 per cent at the close of business. It was the first loss Nigerian stocks were witnessing in 2022 as the five previous trading sessions have all ended in the positive territory. What […]
Following gains recorded by many blue-chip companies, especially Airtel Africa and Oando, the equities market sustained a rising profile yesterday, as market capitalisation appreciated further by N450 billion. At the close of trading yesterday, the All-Share Index (ASI), which measures the performance of quoted companies, rose by 450.52 points or 1.0 per cent to 43,476.75 […]
Floor of the Nigerian Stock Exchange Nigerian stocks depreciated by 0.09 per cent on Tuesday in their worst show since year start as investors dumped food and beverages stocks led by Nestle and Nigerian Breweries, and partial profit-booking weighed. Drop in the share prices of NGX Group and UBA strengthened the loss, with the underwhelming […]
By Dipo Olowookere The first trading session of the week on the floor of the Nigerian Exchange (NGX) Limited finished on a positive note as it closed 1.26 per cent higher. The growth was influenced by buying interests in shares in the industrial goods sector, especially Dangote Cement and others. Consequently, the All-Share Index (ASI) […]
Following renewed bargain hunting in the shares of some blue-chip companies, the Nigerian equities’ market reversed losses to close in an upbeat yesterday, causing market capitalisation to appreciate by N3 billion. In summary, the all-share index (ASI) grew by 6.17 absolute points, representing an increase of 0.01 per cent to close at 41,813.27 points. Similarly, […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited depreciated on Thursday by 1.77 per cent on the back of profit-taking in the shares of UPDC, Dangote Cement and 13 others. The duo lost 10.00 per cent each yesterday to close at N9.00 and N252.00 respectively, while Neimeth went down by 6.86 per cent to N1.63, […]
Trading activities on the floor of Nigerian Exchange (NGX) Thursday sustained declining position as valued of equities close southwards, shedding N71 billion. Specifically, market capitalisation of listed equities declined further by N7 billion or 0.03 per cent to N22.043 trillion from N22.050 trillion reported the previous day. The NGX All Share Index also depreciated by […]
Stock exchange. Photo/PIXABAY Profit-taking in many blue-chip stocks, especially in UPDC Real Estate Investment Trust (UPDC REITS) and Japaul Gold and Ventures, dragged transactions on the Nigerian Exchange Limited (NGX) to reverse gains, causing market capitalisation to dip by N49 billion. In summary, the All-Share Index (ASI) dropped 93.60 absolute points, representing a decrease of […]
[FILES] Nigerian Exchange Group (NGX). Photo/facebook/ngxgroup Trading activities on the floor of the Nigerian Exchange (NGX) sustained a sliding profile yesterday due to losses in the shares of many blue-chip firms, especially MRS and Chams, causing market capitalisation to depreciate further by N71 billion. Specifically, market capitalisation of listed equities declined by 0.31 per cent […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.