The Nigeria Exchange Limited (NGX) has stated that trading of financial derivatives in Nigeria through the organised exchange will play a pivotal role in developing the nation’s bourse and the economy. Speaking at a virtual 6th Market Data Workshop, NGX Chief Executive Officer, Temi Popoola, said trading in derivatives aligns with the exchange’s commitment to […]
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday sustained its positive sentiment, gaining N252.42billion as investors renewed interest in Airtel Africa Plc and 23 others.. The market positive performance was driven by price appreciation in large and medium capitalised stocks which are; Airtel Africa, MTN Nigeria Communications (MTNN), Ardova, Lafarge Africa […]
The market breadth closed negative with 20 losers, against 18 gainers [Reuters/Akintunde Akinleye] Trading at the domestic bourse started the week on Monday still on negative mood, taking the bearish sentiment to six consecutive trading sessions. The price depreciation was due to profit-taking sentiments in all the major sectors except the consumer goods and banking […]
Trading at the domestic bourse started the week on Monday still on negative mood, taking the bearish sentiment to six consecutive trading sessions. The price depreciation was due to profit-taking sentiments in all the major sectors except the consumer goods and banking sectors. Specifically, the All-Share Index shed 6.16 points or 0.02 per cent to […]
Lafarge restates commitment to human capital developing in Nigeria Lafarge Africa Plc, a leading solutions provider in the construction industry and a member of the Holcim Group, has again been recognised for its outstanding performance in gender inclusion and diversity within its ranks. The company has 45.5per cent of the seats available at the board […]
Thursday, September 23, 2021/7:05 PM/By Adaeze Nwachukwu, Proshare Research/Header Image Credit: EcoGraphics Proshare Nigeria Pvt. Ltd. The cement market rebounded in H1 2021 Post COVID-19, supported by increase demand despite the reduction in real disposable income. The H1 2021 performance of the major players in the product market supports this argument. Going Technical The technical […]
Dealers at the Nigerian Stock Exchange By Chinyere Joel-Nwokeoma Trading at the domestic bourse started the week on Monday still on negative mood, taking the bearish sentiment to six consecutive trading sessions. The price depreciation was due to profit-taking sentiments in all the major sectors except the consumer goods and banking sectors. Specifically, the All-Share […]
Nigeria’s Stock Exchange Remains in Bears’ Zone with 0.01% Loss By Dipo Olowookere It was another day in the bears’ territory for Nigeria’s stock exchange on Tuesday as it marginally depreciated by 0.01 per cent at the close of transactions. Mild profit-taking in Zenith Bank, Access Bank, Axa Mansard and 12 other equities contributed to […]
The Nigerian Exchange Limited All-Share Index posted the worst gains among African stock markets at -2.53 per cent year-to-date as of September 7, according to African Markets. African Markets is a provider of financial market data, news, analysis, and research with a focus on Africa. Data from the website showed that among 17 stock exchanges […]
Nigerian Exchange Group (NGX) Transactions on the floor of Nigerian Exchange Limited (NGX) reversed gains to close on a downturn yesterday as losses in the shares of Eterna, and 16 others dragged market capitalisation by N30 billion. Specifically, at the close of trading yesterday, the All-Share Index (ASI) depreciated by 57.03 absolute points, representing a […]
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