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Equities Rebound With N102bn Gain

Equities Rebound With N102bn Gain       Nigerian equities rode on the back of renewed bargain-hunting to a significant rebound yesterday, rounding up N102 billion in net capital gains. Benchmark indices at the Nigerian Exchange (NGX) Limited showed average return of 0.50 per cent yesterday, representing net capital...

Investors Stake N2.63bn On Equities

Investors Stake N2.63bn On Equities       The momentum of activities at the Nigerian equities market increased considerably as investors staked N2.63 billion amid new month’s profit-taking transactions. Total turnover at the Nigerian Exchange (NGX) Limited rose by 39.4 per cent to 274.852 million shares valued at N2.63...

Foreign Portfolio Investment In Nigeria’s Equities Drop By 50.7%

Foreign Portfolio Investment In Nigeria’s Equities Drop By 50.7%         Foreign investors’ confidence in the Nigerian equities market has continued to wane as their participation in the market fell by a huge 50.74 percent to N20.02 billion at the end of April 2021 from N40.64 billion...

Investors Dump Equities Amid Anxieties Over CBN’s Rate Call

Investors Dump Equities Amid Anxieties Over CBN’s Rate Call         Nigerian equities closed at the weekend with a net loss of N604 billion as anxieties over the likely decisions of the Central Bank of Nigeria (CBN) on benchmark interest rate and other monetary policy tools fuelled...

N5trn Inflow From Fixed Income To Boost Equities Rally

N5trn Inflow From Fixed Income To Boost Equities Rally       Despite the reappearance of the bears in the local bourse last week, equities analysts have said that the market will maintain its positive posture in the near future given the expected inflow of N5 trillion from...

Naira Gains N8 As Equities Make N778bn

Naira Gains N8 As Equities Make N778bn       The naira appreciated by N8 in the last one week at the parallel market and the equities market recorded major gains of N777.9 billion as oil prices picked up. The All Share Index (ASI) grew by N778 billion to...