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Stock Investors Lose N601bn As Sell-off Persists In Market

Stock Investors Lose N601bn As Sell-off Persists In Market   The weak sentiment in the equities (stock) market and the accompanying sell-off persisted last week with investors losing N601.29 billion. Particularly, the market capitalization (market value) of all listed equities (shares) fell to N28.268 trillion from N28.869...

Investors Raise Stakes On Equities By 34.6% To N2.08trn

Investors Raise Stakes On Equities By 34.6% To N2.08trn   Investors have staked about N2.08 trillion on Nigerian equities in the past 10 months, an increase of 34.6 per cent over the corresponding period of 2021. Trading data at the Nigerian Exchange (NGX) for the 10-month period...

In Five Days, Investors Staked N15.3bn On Equities

In Five Days, Investors Staked N15.3bn On Equities   At the close of transactions last week, a turnover of 711.6 million shares worth N15.3 billion was recorded in 16,662 deals on the floor of the Nigerian Exchange Limited (NGX). This volume of shares traded was higher than...

Equities Push Global Slump With N1.17trn Gain In One Week

Equities Push Global Slump With N1.17trn Gain In One Week   Nigerian equities closed weekend with net capital gains of N1.17 trillion, playing the contrarian in a week that saw most global markets posting significant losses. Benchmark indices at the stock market indicated average return of 4.25...

Equities Halt Losses As Market Capitalisation Rises by N5bn

Equities Halt Losses As Market Capitalisation Rises by N5bn     Following gains recorded by many blue-chip stocks, the equities market halted The upturn was impacted by gains recorded in large and medium capitalised stocks, amongst which are: Lafarge Africa, Zenith Bank, Guaranty Trust Holding Company (GTCO),...

In Five Days, Investors Stake N27.9bn On Equities

In Five Days, Investors Stake N27.9bn On Equities   At the end of last week’s transactions on the equities sector of the Nigerian Exchange Limited (NGX), a turnover of 1.39 billion shares worth N27.9 billion was recorded in 19,990 deals by investors. This volume of shares traded...