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NGX Declines Further By N301bn On Losses By Blue Chips

NGX Declines Further By N301bn On Losses By Blue Chips       Major blue chips posted price depreciation on the Nigerian Exchange (NGX) on Wednesday, forcing the market capitalisation to drop by N301 billion in one day. Specifically, the market capitalisation which opened at N20.339 trillion lost N301...

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...

Stock Market Sets New Milestone, Crosses N20trn Capitalisation

Stock Market Sets New Milestone, Crosses N20trn Capitalisation         The market capitalisation of the Nigerian Stock Exchange (NSE) crossed N20 trillion capitalisation for the first time in the history of equity market last week, indicating an inflow of more funds into the market. The bullish sentiment continued...

Stock Market Extends Gain With N334bn

Stock Market Extends Gain With N334bn         Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by1.73 per cent. However, market breadth closed flat with 23 gainers against 23 decliners. Consequently, the All-Share Index grew by...

Stock Market Down By N91bn On Profit-taking

Stock Market Down By N91bn On Profit-taking         The Nigerian equity market, on Thursday, returned to negative territory as investors continued to take profits to increase capital gains. The Nigerian Stock Exchange All-Share Index declined by 0.50 per cent as bargain hunters took profits from gains recorded...

Stock: Market Extends Downturn By N278bn

Stock: Market Extends Downturn By N278bn       Transactions in the Nigerian equity market on Tuesday closed on a negative note as losing streak extended to the third consecutive trading day, following sustained profit-taking. However, the market breadth closed negative, recording 17 gainers and 30 losers. The All-Share Index...