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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...

Stock Investors Lose N31.09bn As Equities Extend Decline

Stock Investors Lose N31.09bn As Equities Extend Decline     Equities listed on the Nigerian Exchange Limited fell for the fifth straight day on Thursday, triggering a N31.09bn loss for investors. The NGX All-Share index declined by 0.01 per cent at the end of trading on the floor...

Equities Shed N117bn As Investors Take Profits

Equities Shed N117bn As Investors Take Profits       The equities listed on the Nigerian Exchange Limited shed N117.03bn last week, with analysts attributing the market downturn to profit-taking by investors. The NGX All-Share Index and market capitalisation declined by 0.57 per cent to close the week at...

Stock Market Loses N56bn As 27 Equities Decline

Stock Market Loses N56bn As 27 Equities Decline       Equity investors in the Nigerian Exchange Limited lost N55.78bn at the end of trading on Tuesday as 27 firms recorded losses. The NGX All-Share Index declined by 0.27 per cent to 39,219.61 basis points from 39,326.67bps on Monday...