Analysts at Investment One Research have projected that the positive momentum recorded in the past three years on the NGX will be sustained in 2023, albeit at a moderate pace. The analysts stated this in their 2023 microcosmic and financial…
The equity market on Tuesday pulled back after the previous day’s rally, making the performance indices decline by 0.48 per cent. The market capitalisation shed N134 billion or 0.48 per cent to close at N28.021 trillion from N28.155 trillion traded…
By Philemon Adedeji Equities market opened the week on positive performance as the All-Share Index advanced higher by 470.74 absolute points or 0.92 per cent to close at 51,700.36 points from 51,222.34 index points it closed trade on Friday. Sustained…
By Philemon Adedeji Federal Government of Nigeria declared Monday 26th and Tuesday 27th December 2022 a Public Holiday to mark the Christmas celebration, that is why trading take place only in three days last week as the year ended on…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX), extended the bullish run as the benchmark index appreciated by 244.98 absolute points representing 0.50 per cent to close at 49,233.02 points from 48,988.04 it closed trade on Wednesday,…
The stock market gained N281 billion or 1.07 per cent on Friday as market capitalisation closed at N26.624 trillion from N246.343 trillion recorded on Thursday at the Nigerian Exchange Ltd. All-Share Index (ASI) increased by 561.79 basis points or 1.07…
By Philemon Adedeji Loss in the shares of Wapic Insurance and 12 others halted its four-day winning streak of stock market as the benchmark index dipped by 61.35 absolute points representing 0.13 per cent to close at 48,365.14 points from…
Despite inflation rate eroding return on investment, the stock market of the Nigerian Exchange Limited (NGX) appreciated by N2.08 trillion in November 2022 as investors renewed interest in large and medium capitalised stocks. The market capitalisation closed trading at N25.959…
By Philemon Adedeji Despite inflationary pressure, Nigerian equities ended the week on a positive posture, as the All-Share index (ASI) closed by 494.61 absolute points or 1.04 per cent higher to close at 48,154.65 points from 47,656.64 points it closed…
By Philemon Adedeji The Nigerian equities market opened the new month mixed albeit with a bearish tilt as the benchmark index closed marginally lower by 3.4 absolute points or 0.1 per cent to settle at 47,656.64 points from 47,660.04 points…
