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Equities Plunge N358bn as NGX Bearish Trend Persists

Equities Plunge N358bn as NGX Bearish Trend Persists   The Nigerian Exchange Limited (NGX) sustained its bearish momentum on Thursday as profit-taking and sell-offs in several large- and mid-cap stocks wiped out about N358bn from the market capitalisation. At the close of trading, the NGX’s market value...

Market Closes Flat After Bearish Trend

Market Closes Flat After Bearish Trend   The Nigerian Exchange Limited closed flat on Wednesday following days of bearish trading. At the end of the trading, the All-Share index settled at 51,953.41 points. Consequently, year-to-date returns came in at 1.37 per cent while market capitalisation stood at...

NGX Resumes December Bearish With N410bn Loss

NGX Resumes December Bearish With N410bn Loss     Following losses suffered by many blue-chip stocks, especially MTN Nigeria and African Prudential, the Nigerian equities market resumed trading for the month of December on a negative note yesterday, as market capitalisation declined by N410 billion. In summary, the...

Amidst Bearish Trading, Investors Stake N25.9bn on Equities

Amidst Bearish Trading, Investors Stake N25.9bn on Equities   The Nigerian equities market remained bearish last week as sustained profit taking in bellwethers dragged the Nigerian Stock Exchange (NSE) All-Share Index declining by 0.48 per cent to close at 41,022.31. Similarly, market capitalisation fell by same...

Stock Market Down By N16 billion, Re-opens Bearish

Stock Market Down By N16 billion, Re-opens Bearish   Despite price gains that outweighed losses, transactions on the equity sector of the Nigerian Stock Exchange (NSE), re-opened on a downward note yesterday, following piece losses suffered by major highly capitalised stocks, as market capitalisation depreciated by...