The stock market continued on a positive trend, with investors gaining N26 billion and performance indices rising by 0.04 percent on Tuesday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.04 per cent to N66.214 trillion from an…
By Seun Ibiyemi The stock market on Tuesday continued on a negative note as performance indices declined by 0.40 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N265 billion or 0.40 per cent to N66.078 trillion…
The Nigerian equity market gained N607 billion in market capitalisation in the past week, on the back of buying interest in large-cap stocks like Access Corporation and MTN Nigeria. The All-Share Index appreciated by 1.06 percent to close at 97,456.62,…
By Esther Agbo The Nigerian Exchange continued to experience bearish trading on Tuesday, leading to a significant N114 billion reduction in investor wealth. The market capitalisation fell by 0.20 percent, closing at N56.46 trillion, while the All-Share Index ended at…
Losses in the stocks of Dangote Sugar, Guaranty Trust Holding Company (GTCO), among others have further weakened the performance of the equity market of Nigerian Exchange Ltd. (NGX). Specifically, investors lost N412 billion or 0.71 percent, as the market capitalisation,…
Losses in the stocks of Dangote Sugar, Guaranty Trust Holding Company (GTCO), among others have further weakened the performance of the equity market of Nigerian Exchange Ltd. (NGX). Specifically, investors lost N412 billion or 0.71 per cent, as the market…
The stock market on Tuesday declined further by 11 percent, due to sell-offs in stocks of MTN Nigeria, Transnational Power (TransPower), Guaranty Trust Holding Company (GTCO), among others. Other stocks that contributed to the market’s negative performance are: Unilever, Axa…
Transcorp, GTCO lift equity market up by 0.47% Transcorp Corporation (Transcorp) and Guaranty Trust Holding Company(GTCO) on Wednesday drove the Nigerian equity market higher by 0.47 percent as the largest stocks in volume and value. Specifically, Transcorp led the volume…
The value of transactions on the Nigerian Exchange Ltd. (NGX) on Wednesday further declined by 4.80 percent due to sustained selloffs in the shares of Tier- one banks. Specifically, investors traded a total of 396.23 million shares valued at N5.83…
The equity market on Thursday rebounded by 1.63 percent from its two-day losses due to improved investors’ buy interest in the stocks of Tier-one banks and BUA Cement. Similarly, investors gained N902 billion or 1.63 percent as the market capitalisation…
