NGX Sheds N648bn Amid Renewed Profit-Taking On Equities   The Nigerian stock market reversed Tuesday’s gains on Wednesday as renewed profit-taking across major counters triggered a broad-based sell-off, wiping out approximately N648bn from investors’ wealth. Widespread profit-taking outweighed targeted buying interest in selected counters, leaving market breadth...

Equities Gain N649bn as Market Rebounds The Nigerian stock market reversed the negative trend witnessed in the previous two trading sessions, recording a gain of N649bn on Thursday. The All-Share Index rose by 1,010.22 points, representing an increase of 0.52 per cent to close at 196,908.76...

Equities Strengthens as NGX Market Cap Gains N138bn   Nigerian equities closed the trading session on a positive note on Thursday as the total market capitalisation of the Nigerian Exchange Limited (NGX) increased by N138bn, reflecting modest investor optimism despite mixed trading activity across sectors. At the...

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...

NGX Loses N274bn as Equities Decline   The Nigerian Exchange Limited (NGX) recorded a negative outing on Thursday as equities lost N274bn in market value, driven by widespread sell-offs in mid- and large-cap stocks. At the close of trading, the benchmark All-Share Index of the Nigerian Exchange...

Nigerian Equities Open With N304bn Loss   Nigerian equities opened this week with a continuation of bearish sentiment as investors sought to lock in gains into fixed income securities. Benchmark indices at the Nigerian Exchange (NGX) indicated average decline of 0.53 per cent, equivalent to net capital...