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With 28 Firms Gain, Stock Market Rises Slightly

With 28 Firms Gain, Stock Market Rises Slightly     The Nigerian stock market rose slightly on Wednesday, paring some of the N340bn loss recorded on Tuesday. The Nigerian Exchange Limited All-Share Index increased by 0.15 per cent to 38,564.7 basis points while the market capitalisation rose to...

Investors Lose N340bn On NGX In A Single Day

Investors Lose N340bn On NGX In A Single Day       Trading at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in Airtel Africa. Specifically, the market capitalisation, which opened at N20.409 trillion,...

Improved Price Gains Spike Capitalisation By N34bn

Improved Price Gains Spike Capitalisation By N34bn       Price gains in many blue-chip stocks, especially Johnholt and ABC Transport, aided transactions on the Nigerian Exchange Limited (NGX) in sustaining its bulls’ run at the end of yesterday’s transactions, causing market capitalisation to appreciate further by N34...

N796bn Investors’ Losses In May Extends Into June

N796bn Investors’ Losses In May Extends Into June       Insecurity in the country and other macroeconomic challenges, coupled with uncertainty in the global economy, may continue to take a toll on the Nigerian Exchange Limited (NGX), as investors, having lost N796 billion in May, might experience...