Stock market

Stock market still on upward trajectory

By Philemon Adedeji Trading activities in the stock market of the Nigeria Exchange Limited (NGX), yesterday still closed on appreciation by 0.56 per cent, following the investors like Ellahlakes, FCMB, FBNH, Presco and others that maintained consistent bargain during transaction.…

Stock market remains bearish, drops 1.21%

The nation’s stock market maintained its bearish position on Friday, as all market indicators dropped further amid sell pressure in large capitalised stocks. Specifically, the All-Share Index declined by 633.01 points or 1.21 per cent to close at 51,778.08 compared…

Stock market closes positive, index gains 0.17%

Trading on the Nigerian bourse closed positive on Friday with the All-Share Index (ASI) increasing by 0.17per cent to close at 52,908.24 from 52,815.78 on Thursday. Similarly, market capitalisation increased by N49 billion to N28.523 trillion from N28.474 trillion recorded…

Stock market: Capitalisation loses N422bn

The equities market settled lower on Tuesday as market capitalisation declined by N422 billion to close at N28.567 trillion from N28.989 trillion on Monday. The All-Share Index (ASI) also dipped by 1.45 per cent to 52,990.28 points from 53,772.14 points…

Stock market rebounds by N12bn

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…

Nigerian stock market inches higher by N36bn

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…