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NGX Suffers N371bn Loss as Sell-Off Rocks Market

NGX Suffers N371bn Loss as Sell-Off Rocks Market   The Nigerian Exchange Limited (NGX) closed on a negative note on Thursday as sell pressure in key stocks dragged the benchmark index lower, leading to a loss of N371 billion in investors’ wealth. At the close of trading,...

Blue-Chip Demand Drives N677bn Market Cap Increase

Blue-Chip Demand Drives N677bn Market Cap Increase   The Nigerian Exchange Limited (NGX) extended its bullish run on Thursday, as market capitalisation surged by N677bn to close at N74.4tn. This comes amid renewed buying interest in blue-chip stocks across key sectors, propelling the benchmark All-Share Index to...

Market Capitalization Drops to N65.8trn on NGX

Market Capitalization Drops to N65.8trn on NGX   The Nigerian Exchange Limited (NGX) recorded a decline in market capitalisation at the close of trading on Thursday, as the All-Share Index dropped marginally by 0.05 per cent. The total market capitalisation fell to N65.8tn, reflecting a weaker investor...

Nigerian Stock Market Ranks Globally With a 37.65% Return

The Nigerian stock market wrapped up yesterday with a 37.65 percent return for the year, placing it among the three highest returns worldwide. 

Equity Market Receives Boost Of N136bn From Lafarge WAPCO, Others

Lafarge WAPCO, a key stock, led a positive performance on Tuesday, lifting the Nigerian equity market to a gain of N136bn. 

Equities Market Opens Week By N71bn Gain

Equities Market Opens Week By N71bn Gain   Opening the week, the local equities market yesterday gained N71 billion, recovering some of the prior week losses. The All Share Index (ASI) rose by 125.30 points, representing a gain of 0.13 per cent to close at 99,665.05 points....