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…
The stock market rebounded on Wednesday as market capitalisation gained N184 billion or 0.71 per cent to close N25.959 trillion compared with N25.775 trillion on Tuesday. Also, the All-Share Index (ASI) rose by 337.07 points or 0.71 per cent to…
By Philemon Adedeji Bearish sentiment extended for the second day of the week in the Nigerian equities market as losses occurred in GTCO, Stanbic IBTC, MTNN, Buacement and others drew market capitalization lower to N62 billion. The downturn was impacted…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) opened the week on positive performance as the benchmark index inched up by 209.11 basis points or 0.47 per cent to close at 44,701.84 index points from 44,492.73 index…
