The Nigerian stock market extended its positive trend, appreciating by N307 billion amid increased buying interest. Market capitalisation rose by N307 billion or 0.45 per cent to close at N68.412 trillion, compared with N68.105 trillion on Tuesday. Similarly, the All-Share Index (ASI) also climbed by 488.73 points or 0.45...
investors
Investors on the Nigerian Exchange (NGX) Ltd. traded 2.200 billion shares worth N75.409 billion in 70,329 transactions during the week under review. This contrasts with 1.854 billion shares worth N56.025 billion traded last week in 51,386 deals. As a result, transaction value rose by 34.6 per cent, with investors...
Nigerian stock market opened the week on a bullish note on Tuesday, gaining N318 billion on the Nigerian Exchange Ltd after the two-day Easter break. Market capitalisation rose by N318 billion or 0.49 per cent, closing at N65.817 trillion compared with Thursday’s figure of N65.499 trillion. Similarly, the All-Share...
Stock market investors traded 1.525 billion shares worth N43.006 billion in 51,156 transactions this week on the floor of the Nigerian Exchange Ltd. This is in contrast to 2.094 billion shares valued at N52.967 billion that exchanged hands last week in 64,612 deals. Consequently, the value of transactions traded...
Trading on the Nigerian Exchange Ltd. (NGX) ended negatively on Wednesday, with market capitalisation falling by N445 billion after a day of positive performance. The NGX market capitalisation dropped by N445 billion, or 0.68 per cent, closing at N65.259 trillion, down from Tuesday’s N65.704 trillion. Similarly, the All-Share Index...
Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, reversing several days of bearish trends, with a gain of N101 billion. The NGX market capitalisation rose by N101 billion or 0.15 per cent, closing at N65.589 trillion, up from N65.488 trillion on Monday. Similarly, the All-Share Index (ASI) increased by 159.88...
The stock market opened the week on a negative note, with performance indices showing mixed results. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation declined by N659 billion or 1.01 per cent, falling to N65.488 trillion from N66.147 trillion recorded on Friday. Similarly, the All-Share Index dropped sharply by...
Stock market investors traded 1.183 billion shares worth N28.868 billion in 42,397 transactions this week on the floor of the Nigerian Exchange Ltd. This is in contrast to 7.521 billion shares valued at N398.949 billion that exchanged hands last week in 61,312 deals last week. Consequently, the value of...
The stock market on Wednesday opened the week bearish as performance indices declined by 0.14 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N91 billion, or 0.14 per cent, to N66.166 trillion from N66.257 trillion recorded on Friday. The All-Share Index also dropped by 0.14...
The stock market opened the week on a positive note, with investors gaining N369 billion and performance indices rising by 0.56 per cent on Monday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.56 per cent to N66.188 trillion from an opening of N65.819 trillion recorded on...
The Securities and Exchange Commission (SEC) has said there is no hiding place for violators in the country’s capital market. The Director-General of SEC, Dr Emomotimi Agama, gave the warning in a notice to operators obtained by the News Agency of Nigeria (NAN) on Sunday in Abuja. Agama said...
Y JOY ADARA , Abuja- The Nigerian National Petroleum Company Limited (NNPC Ltd) has called on global investors to direct their attention to the Nigerian oil and gas sector as the nation is now an investors’ haven owing to the robust regulatory reforms and the investment-friendly policies of the...
The stock market on Tuesday witnessed a downturn as performance indices declined by 0.43 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N285 billion or 0.43 per cent to N66.484 trillion from N66.769 trillion recorded on Monday Also, the All-Share Index dropped by 0.43 per...
The stock market opened the week positively, with investors gaining N52 billion and performance indices rising by 0.08 per cent on Monday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.08 per cent to N66.769 trillion from an opening of N66.717 trillion recorded on Friday. The All-Share...
The stock market on Tuesday witnessed a downturn as performance indices declined by 0.52 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N345 billion or 0.52 per cent to N66.942 trillion from N67.287 trillion recorded on Monday. Also, the All-Share Index dropped by 0.52 per...
The equity market began the week in the red on Monday, losing N231 billion due to profit-taking by investors. Sell-offs in Tier-one banking stocks like Access Corporation, Zenith Bank, FBN Holdings, and Fidelity Bank, as well as Oando Plc and Berger Paints, caused the decline. The Nigerian Exchange Ltd....
Trading on the Nigerian Exchange Ltd. (NGX) closed negatively, with investors losing N72.51 billion on Monday. The market capitalisation, which opened at N67.418 trillion, fell by 0.10 per cent to close at N67.345 trillion. Similarly, the NGX All-Share Index (ASI) dropped by 0.10 per cent, settling at 107,937.74 points....
The Senate through its Committee on Capital Market, on Tuesday, asked the Minister of Finance, Mr Wale Edun, to approve N10 billion special funding to finance literacy development in the capital market. Chairman of the Committee, Sen. Osita Izunaso, made the appeal when Edun and the Director-General, Securities and...
The Nigerian equities market closed bullish on Wednesday, leading to N364 billion gains for investors. The positive performance was driven by the release of full-year 2024 financial results from listed companies. Specifically, the market capitalisation, which opened at N64.156 trillion, added 364 billion or 0.57 per cent to close...