By Philemon Adedeji Transaction on the Nigerian Exchange Limited (NGX) closed on a bearish sentiments as tier-1 bank investor halted positive performance of stock market which includes ZENITH BANK (-1.79 per cent), GTCO (-0.95 per cent) and STANBIC IBTC (-0.16…
By Philemon Adedeji Opening the week yesterday, the Nigerian equities market maintained growth trajectory primarily driven by gains in industrial heavyweight BUAFOODS (+9.09 per cent) alongside FBN Holdings (+0.30 per cent) and United Bank for Africa (UBA) (+0.36 per cent)…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) closed flat for the fourth consecutive session as the All-Share index (ASI) gained 0.01 per cent to close at 65,492.81 basis points from 65,488.67 basis points it closed trade…
By Philemon Adedeji The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and market capitalization depreciated by 0.93 per cent and 0.42 per cent to close the week at 64,721.09 absolute points and N35.422 trillion respectively. Similarly, all other indices finished…
By Philemon Adedeji Opening the week, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) relapsed by 289 basis points or 0.44 per cent to close at 65,036.37 points driven by profit taking in ZENITH BANK (-2.57 per cent), GTCO (-0.79…
By Philemon Adedeji At the Nigerian Exchange Limited (NGX), yesterday, stock market closed on bearish sentiment caused by profit taking in MTN Nigeria (1.43 per cent), DANGOTE CEMENT (-9.09 per cent) alongside ACCESS CORPORATION (-0.29 per cent) which offset the…
By Philemon Adedeji The Nigerian equities market concluded the week’s trading on a bullish sentiment with equities gaining for four trading days in the week and leaving the bears with only one day to dominate. We saw a positive performance…
By Philemon Adedeji The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalization appreciated by 3.40 per cent to close the week at 63,040.41 and N34.326 trillion respectively. Similarly, all other indices finished higher with the exception of NGX Consumer…
The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation appreciated by 2.98 per cent to close the week at N60,968.27 and N33.198 trillion respectively. Similarly, all other indices finished higher while the NGX ASeM and NGX Sovereign Bond.…
By Philemon Adedeji On the backdrop of political uncertainty, low yield return on investment caused by double-digit inflation among other factors, domestic and foreign investors portfolio transactions on the Nigerian Exchange Limited (NGX) dropped nearly 31 per cent to N1.04…
