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...
stock market
Trading activities on the Nigerian Exchange Ltd. on Wednesday closed on a negative note as the market capitalisation declining further by N48 billion. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N48 billion or 0.07 per cent to close at N66.436 trillion from N66.484 trillion recorded on...
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 Nigerian stock market on Friday witnessed a downturn as performance indices declined by 0.23 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N151 billion or 0.23 per cent to N66.717 trillion from N66.868 trillion recorded on Thursday. Also, the All-Share Index dropped by 0.23...
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 stock market closed the week on a positive note on Friday, with market value growing by N91 billion. Specifically, market capitalisation which opened at N67,102 trillion, closed at N67,193 trillion, gaining N91 billion or 0.14 per cent. Similarly, All-Share Index improved by 146 points or 0.14 per cent...
The Nigerian stock market maintained its upward momentum on Thursday, driven by the listing of 19.803 billion ordinary shares of FCMB Plc at 50k per share. This contributed an additional N347 billion gains to the market capitalisation at the close of the session. Notably, the market capitalisation, which opened...
The equity market reversed its bullish trend on Wednesday, recording a loss of N186 billion. Selloffs in major stocks such as MTN Nigeria, Aradel Holdings, Dangote Sugar and Nigerian Breweries drove the market into negative territory. The market capitalisation of listed equities dropped by N186 billion, or 0.29 per...
The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company (GTCO), and Fidelity Bank, alongside other advancing equities, contributed to the market’s positive performance. The market capitalisation increased by N53...
The equity market, on Wednesday, dipped further as the market capitalisation shed N931 billion or 1.47 per cent to close at N62.257 trillion, having opened at N63.188 trillion. The All-Share Index also lost 1.47 per cent or 1,526.14 points to close at 102,095.95, against 103,622.09 reported on Tuesday. Accordingly,...
Bearish sentiments persisted on the stock market on Tuesday, making investors incurred a loss of N1.1 trillion. Selloffs in MTN Nigeria, Zenith Bank, Guaranty Trust Holding Company Plc (GTCO), Dangote Sugar and United Capital, among others declined equities further drove the market to a negative terrain. Specifically, the market...
The stock market opened on a negative note on Monday, recording N51 billion loss for investors. Specifically, the market capitalisation, which opened at 64.303 trillion, closed at 64.252 trillion and representing 0.08 per cent. The All-Share Index also declined by 0.08 per cent or 84 points to close at...
The Nigerian Exchange Ltd.(NGX) All-Share Index and Market Capitalisation appreciated by 1.80 per cent each, to close the week at 105,451.06 and N64.303 trillion respectively. Theses are against 103,586.33 and 63.166 trillion posted last week. Consequently, equity investors gained a total of N1.137 trillion for the week under review....
The domestic bourse on Tuesday broke its winning streak with a loss of N152 billion, following investors’ sell-offs of Tier-one banking stocks. Notably, losses in Zenith Bank, United Bank for Africa (UBA), Access Corporation, Oando Plc, Dangote Sugar, Nigerian Breweries, alongside other declined equities dragged the market down. The...
The stock market started the week on a positive note on Monday, with investors’ portfolios gaining N37 billion. Specifically, the market capitalisation, which opened at N63.166 trillion, increased by N37 billion or 0.06 per cent to close at N63.203 trillion. Similarly, the All-Share Index rose by 62 points or...
The stock market started the year on a strong note, delivering an impressive N155 billion profit to investors on the first trading day. The positive performance was driven primarily by gains in Tier-one banking stocks, namely, Zenith Bank, United Bank for Africa (UBA) and FBN Holdings, Access Corporation, among...
Opening the week, the Nigerian stock market extended gains from its previous session, leading to N331 billion profit for investors. Buy interest in Zenith Bank, FBN Holdings, Oando Plc, Aradel, Transnational Corporation, among other advanced equities drove the market’s performance up. The market capitalisation, which opened at N60.241 billion,...
The Nigerian stock market opened with its bearish momentum on Monday to record N123 billion loss. Selloffs in Tier-one banking stocks namely, Guaranty Trust Holding Company(GTCO), Zenith Bank and FBN Holdings, underpinned the market’s weak performance. The market capitalisation, which opened at N59.292 trillion, shed N123 billion or 0.21...
The Nigerian Exchange Ltd. (NGX) on Monday opened the week positive with N84 billion profit added to the portfolios of investors. Specifically, the market capitalisation which opened at N58.920 trillion, gained N84 billion or 0.14 per cent to close at N59.004 trillion. The All-Share Index also gained 0.14 per...
The Nigerian stock market reversed its gains from the previous session, recording N337 billion loss for investors on Wednesday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation which opened at N58.852 trillion shed N337 billion or 0.57 per cent to close at N58.515 trillion. The All-Share Index also lost...