NGX

Inflation pushes stock market down by N655bn

The market capitalisation of the Nigerian Exchange Ltd (NGX) dropped by N655 billion, following the hike in the nation’s inflation rate to 20.77 per cent. Reports  that the National Bureau of Statistics (NBS) on Monday announced the inflation rate for…

NGX: Capitalisation dips by N227bn

Trading closed on the floor of the Nigerian Exchange Ltd. (NGX) Wednesday with market capitalisation losing N227 billion or 0.09 per cent to close at N26.6 trillion from N26.373 trillion on Tuesday. The All-Share Index (ASI) also lost 43.04 points…

Market capitalisation gains N32bn

The Nigerian Exchange (NGX) Ltd. closed the week on a bullish note Friday, with market capitalisation gaining N32 billion or 0.12 per cent to close at N26. 451 trillion against N26.419 trillion on Thursday. Also, the All-Share Index went up…

NGX gains N32bn ahead independence celebration

The Nigerian Exchange (NGX) Ltd. closed the week on a bullish note Friday, with market capitalisation gaining N32 billion or 0.12 per cent to close at N26. 451 trillion against N26.419 trillion on Thursday. Also, the All-Share Index went up…

NGX rebounds, capitalisation gains N14bn

The Nigerian Exchange Ltd. (NGX) on Wednesday gained N14 billion as market capitalisation closed at N26.531 trillion from N26.517 trillion recorded on Tuesday. Also, the All Share Index (ASI) increased marginally by 10.25 basis points or 0.02 per cent gain…

Equities market close week by 0.33%

By Philemon Adedeji At the Nigerian Exchange Limited, equities market maintained negative posture as the key market indicator dipped further by 163.72 basis points as sell pressure persists. The downturn was impacted by losses recorded in medium and large capitalised…