Nigeria’s equities market furthered its movement southwards as more investors took sell positions on Tuesday. The market decreased further by 0.24 percent or N132 billion at the close of trading on Tuesday as more investors exited long positions in some…
The stock market on the Nigerian Exchange Ltd. (NGX) on Wednesday closed flat as the capitalisation declined by N2 billion amid sell-offs in Dangote Sugar and 19 other stocks Notably, the market capitalisation which opened at N55.554 trillion, shed N2 billion…
The equities market declined on Friday, with profit-taking in stocks such as Zenith Bank, Guaranty Trust Holding Company (GTCO), Wema Bank, Nigerian Breweries, and Nestle Nigeria, among others. Following a flip-flop trading session, the market capitalisation which opened at N55,520…
The equities market declined on Friday, with profit-taking in stocks such as Zenith Bank, Guaranty Trust Holding Company (GTCO), Wema Bank, Nigerian Breweries, and Nestle Nigeria, among others. Following a flip-flop trading session, the market capitalisation which opened at N55,520 trillion,…
Investors in the Nigerian equities market lost N199 billion at the close of trading on Tuesday. Before Monday’s N70 billion gain, investors had endured over two weeks of consecutive bearish trading sessions. Yesterday’s loss followed the dip in the value…
The Nigerian stock market on Monday extended its losing streak by 0.53 percent due to losses in Tier-One banking stocks. Specifically, the market capitalisation, which opened at N57.864 trillion, shed N304 billion or 0.53 percent to close at N57.560 trillion.…
The Nigerian stock market witnessed a significant boost in performance on Friday, propelled by gains in tier-one banks such as Guaranty Trust Holding Company (GTCO), Access Corporation, Zenith Bank and FBN Holdings, among others. Investors gained a total of N147…
The financial services industry, measured by volume, led the activity chart of the Nigerian Exchange Ltd.(NGX) with 1.273 billion shares valued at N31.08 billion traded in 23,066 deals to close the week. Specifically, the industry contributed 73.36 percent and 63.74…
Transactions on the stock market closed negative on Tuesday for the second day, depreciating further by 1.38 percent in reaction to the outcome of the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN). Recall that CBN,…
Transactions at the stock market on Friday showed that investors gained N899 billion. Specifically, the market capitalisation, which opened at 56.259 trillion, closed at 57.158 trillion, representing 1.59 percent increase. Also, the All-Share Index also went up by 1,643.79 points…
