Bullish sentiment returned to the Nigerian stock market on Wednesday following investors’ interest in First Bank, PZ, AIICO, Unity Bank and NGX Group, which ensured the first gain of the week. Specifically, the market capitalisation garnered N12 billion or 0.05…
By Philemon Adedeji The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 2 basis points. The NGX ASI closed at 45,939.51 points, to reflect a growth of 0.02% from the…
Activities on the nation’s bourse sustained positive mood on Friday with the market capitalisation increasing further by N36 billion. Specifically, the market capitalisation which opened at N24.274 trillion inched higher by N36 billion or 0.15 per cent to close at…
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 101 basis points. The NGX ASI closed at 45,890.52 points, to reflect a growth of 1.01% from the previous trading day…
The nation’s bourse kicked off the week on Monday still on a bullish note with bargain buying on Dangote Cement and other 27 stocks. Specificaly, the All-Share Index inched higher by 42.71 points or 0.10 per cent to close at…
Some capital market operators have listed events that will shape the stock market and the economy in 2022. Speaking with journalists on Tuesday in Lagos, they said the market and the economy would be impacted by the Monetary Policy Committee,…
Dangote Cement Plc, the most capitalized company on the Nigerian Exchange, today recorded a growth in share price taking the price to N256.50, slightly appreciating by 0.59%. The cement producer traded the highest in value of N726.27 million as the…
Stock market operators have expressed optimism that trading on the nation’s bourse would close bullish ahead of Christmas holidays as investors position for dividend paying stocks for 2021 financial year. They said this in interviews with journalists in Lagos on…
Sentiments remained positive in the domestic stock market on Wednesday with a growth of N217 billion arising from price rally recorded by MTN Nigeria Communications (MTNN) and 19 other stocks. Specifically, the market capitalisation inched higher by N217 billion or…
By Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) in the last three days sustained positive trend amid price appreciation in large-mid capitalised stocks. The stock prices appreciation in the likes of GTCO plc, Dangote cement plc,…
