NGX

Equities market drops by N24bn

The local equities market of the Nigerian Exchange Limited (NGX) on Thursday reversed prior day’s gains as the overall capitalisation declined by N24 billion. Accordingly, the All Share Index (ASI) shed by 43.58 points or  0.06 per cent to close…

Equities market suffers N294bn loss

The equities market of the Nigerian Exchange Limited (NGX) on Tuesday closed in negative territory at the end of Tuesday’s trading session as equities fell by N294 billion. Precisely, the NGX All-Share Index declined by 535.98 basis points or 0.80 per…

Equities declines by N26bn on profit taking

By Philemon Adedeji The Nigerian equities market declined yesterday after trading by N26 billion caused by Investors interest in DANGOTE CEMENT (+0.05 per cent), NESTLE Nigeria (+0.01 per cent) and FBNH (+0.84 per cent) was offset by profit taking in…

Gains in MTN Nigeria lift stock market to N37.40trn

By Philemon Adedeji Equities market on the Nigeria Exchange Limited (NGX) extended gains for the fourth consecutive session primarily driven by gains  recorded in index heavyweights, MTN Telecommunication Nigeria (+0.04 per cent), BUAFOODS (+2.78 per cent) alongside, United Bank for…

Stock market closes on green posture, up 1.11%

By Philemon Adedeji Trading activities on Nigerian Exchange Limited (NGX) closed yesterday on green posture, the market’s performance was primarily driven by demand in BUAFOODS (+2.56 per cent), ZENITH BANK (+7.85 per cent) and GTCO (+6.58 per cent). The benchmark…