By Kayode Tokede Following gains by some blue-chip stocks, the Nigerian Exchange (NGX) Limited sustained an uptrend trend on Tuesday adding N103.23billion to push the market capitalisation to close at N20.027 trillion. The All-Share Index (ASI) grew by 198.03 basis…
By Kayode Tokede Investors on the equities market of the Nigerian Exchange Limited (NGX) gained N4.17billion on Monday over gains in Stanbic IBTC Holdings and 26 others. In summary, the overall market capitalisation value gained N4 billion to close at…
The management of Nigeria Exchange Limited (NGX) has placed trading suspension on Niger Insurance Plc, Royal Exchange Plc, African Alliance Insurance Plc, and The Tourist Company of Nigeria Plc effective from July 2, 2021. According to the Exchange notification to…
By Kayode Tokede The Nigerian Exchange (NGX) Limited has announced that it has received approval for seven derivatives contracts from the Securities and Exchange Commission (SEC) on June 28. The NGX Chief Executive Officer, Mr Temi Popoola, disclosed this in…
By Kayode Tokede A turnover of 1.058 billion shares worth N12.831 billion was transacted in 17,854 deals this week by investors on the floor of the Exchange, in contrast to a total of 1.082 billion shares valued at N9.548 billion…
By Kayode Tokede Trading activity on the domestic equities market on Thursday closed negative, as the investors further lost N98.57billion or 0.49 per cent following price decline in Dangote Cement and 20 others. In summary, the All-Share Index (ASI) decreased…
By Kayode Tokede Cititrust Financial Services Plc has proposed an allotment of two billion naira shares to be listed on the Nigerian Exchange (NGX) Ltd after meeting all the regulatory requirements. Country Director/Chief Executive Officer of Cititrust, Mr Ikechukwu Peter …
By Kayode Tokede Investors on the Nigerian Exchange Limited (NGX) equities market segment lost N148billion on Tuesday as the market closed on a negative trajectory, to extend the bearish sentiments to two consecutive trading losses. The decline was triggered by…
By Kayode Tokede The domestic equities market on Monday began trading this week with 0.44 per cent loss as the benchmark index declined on high capitalised stock. The All-Share Index (ASI) decreased 175.42 basis points, representing a decline of 0.44…
By Kayode Tokede Trading activities on the Nigerian Exchange Limited (NGX) on Tuesday closed on a positive note, extended the bullish run to two consecutive trading sessions, as investors’ investment gained by N36.59 billion. The positive performance was spurred by…
