Stock market

Stock market closes bearish amid profit taking

By Philemon Adedeji The Nigerian equities market closed yesterday in red zone amid bearish sentiment  in industrial giant,  by DANGOTE CEMENT (-1.35 per cent) alongside NESTLE Nigeria (-1.39 per cent) and ZENITH BANK (-0.14 per cent)  drove the market’s weak…

Stock market closes on green posture, up 1.11%

By Philemon Adedeji Trading activities on Nigerian Exchange Limited (NGX) closed yesterday on green posture, the market’s performance was primarily driven by demand in BUAFOODS (+2.56 per cent), ZENITH BANK (+7.85 per cent) and GTCO (+6.58 per cent). The benchmark…

NGX: Stock market depreciates by 0.93%, W/W

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…

Stock market appreciates by 3.40%, W/W

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…