Losses in BUA Foods, 20 others dip capitalisation by N79 billion

Losses in BUA Foods, 20 others dip capitalisation by N79 billion

The Nigerian equities market sustained a sliding profile at yesterday’s transactions, occasioned by losses in the shares of BUA Foods and 20 others, causing market capitalisation to dip further by N79 billion. Yesterday, the All-Share Index declined by 146.15 per cent, representing a decrease of 0.31 per cent, to close at 47,057.24 points. Similarly, the […]

Trading rebounds on NGX with N215 billion growth

Trading rebounds on NGX with N215 billion growth

Nigerian Exchange [Photo Creadit: Business Live Nigeria] The Nigerian stock market on Thursday returned to positive territory with capitalisation growing by N215 billion. The market capitalisation, which opened at N25.289 trillion inched higher by N215 billion or 0.85 per cent to close at N25.504 trillion. Also, the All-Share Index (ASI) increased by 399.14 points or […]

Investors in Nestle, NB, Stanbic IBTC, 7 Others Lose N122.2bn in January

Investors in Nestle, NB, Stanbic IBTC, 7 Others Lose N122.2bn in January

Kayode Tokede The value of Nestle Nigeria Plc, Nigerian Breweries Plc, Stanbic IBTC Holdings Plc and seven others stocks depreciated by N122.2 billion on the Nigerian Exchange limited (NGX) following investors profit-taking in anticipation of weak corporate earnings, among other factors. Other stocks that performed poorly in January were; Cutix Plc, Berger Paints Plc, C&I […]