By Kayode Tokede The Nigerian Exchange Limited (NGX) market capitalization has lost a total of N1.3 trillion in the first half (H1) of 2021. Nigerian NewsDirect gathered that the market capitalisation, the total market value of listed companies’ outstanding shares…
By Kayode Tokede Equities market transactions on the Nigerian Exchange Limited (NGX) on Tuesday closed on a positive trajectory as market recovers by N28.94billion. In summary, the NGX All-Share Index (ASI) increased by 55.50 basis points, representing a growth of…
By Kayode Tokede Chams, an Africa-focused provider of intelligent business solutions has notified the Nigerian Exchange Limited (NGX) and the investing public of the completion of its balance sheet restructuring exercise following the receipt of regulatory approvals. The Balance Sheet…
By Kayode Tokede Nigerian Exchange Limited (NGX) has announced the rebranding of all its existing indices by changing the prefix from Nigerian Stock Exchange (NSE) to NGX. The transition, which is effective Monday, leverages on the new brand identity of…
By Kayode Tokede The Nigerian Exchange Limited (NGX) equities market on Monday closed the first trading activities of the week on a bearish note, with a decline of N34.33 billion on profit-taking in high capitalised stocks. In summary, the All-Share…
By Kayode Tokede The bears continued to dictate proceedings in the Nigerian Exchange Limited (NGX) equities market last week as the market suffered its second consecutive weekly loss. Downtrend was sustained on the local bourse as the NSE All-Share Index…
By Kayode Tokede The equities market of the Nigerian Exchange Limited (NGX) on Thursday closed on a positive note, halting the three consecutive trading losses. as investors’ wealth up by N78 billion. The All-Share Index (ASI) increased by 149.89 basis…
The Nigerian Exchange Limited (NGX) equities market segment on Monday started the week’s trading negatively with investors investment dropping by N54billion amid renewed profit hunting activity. In summary, the All-Share Index (ASI) dropped by 103.61 basis points, representing a decline…
The Nigerian Exchange Limited (NGX) has notified investing public of the reclassification of B.O.C Gases Plc from the low-priced stock group to the medium-priced stock group, in line with its pricing methodology framework. According to the Exchange, “Equity securities of…
The Nigerian Exchange Limited (NGX) has halted trading in the shares of Guaranty Trust Bank (GTBank) Plc, as the bank moves to its transition to a holding company. The transaction is to enable Nigeria’s biggest lender by market value consolidate…
