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Stock Market Extends Losses By N12bn

Stock Market Extends Losses By N12bn       The stock market extended losses to three consecutive sessions yesterday, causing market capitalisation to depreciate further by N12 billion. At the close of transaction yesterday at the Nigerian Exchange Limited (NGX), the market capitalisation of listed equities declined by 0.06...

Dangote Cement, 20 Others Lift Capitalisation By N36bn

Dangote Cement, 20 Others Lift Capitalisation By N36bn       Trading activities on the Nigerian Exchange Limited (NGX) extended bullish run to two consecutive trading sessions yesterday, as investors’ wealth appreciated by N36 billion. Yesterday’s improved performance was spurred by investors’ sustained appetite in the shares of Dangote...

NGX: Market Capitalisation Plunges Further By N167bn

NGX: Market Capitalisation Plunges Further By N167bn       The Nigerian Exchange Limited (NGX) extended bearish sentiment to three consecutive trading sessions yesterday, as more highly capitalised stocks depreciated in price. This resulted to a further slide in market capitalisation by N167 billion. The All-Share Index (ASI) decreased...

Gains In Highcap Stocks Lift Capitalisation By N356bn

Gains In Highcap Stocks Lift Capitalisation By N356bn     Following gains recorded by most highly capitalised (highcap) stocks, transactions on the Nigerian Exchange Limited (NGX) reversed negative sentiments to close in an upbeat yesterday as market capitalisation appreciated by N356 billion. At the close of trading, the...