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Investors Gain N84bn As Equities Market Rebounds

Investors Gain N84bn As Equities Market Rebounds   Investors gained N84.9 billion at the close of trading on domestic equities market yesterday with the capitalisation rising to N12.4tn while year to date loss moderated to -11.0%. The All-Share Index (ASI) also rose 77bps to close at 23,892.92...

Equities Loss Reversed As Investors Gain N134bn

Equities Loss Reversed As Investors Gain N134bn     Equities market closed Tuesday on a positive to reverse prior two days’ negative sentiment following gains recorded majorly by blue-chip stocks. The positive sentiment brought the market’s Year-to-date returns to currently stand at -22.04 per cent. The key market performance...

Equities Record First Weekly Gain In Three Weeks

Equities Record First Weekly Gain In Three Weeks   Bargain-hunting across banking sector propelled the stock market to its first weekly gain in three weeks, as investors jostle for undervalued stocks in anticipation of good dividend yield for the earning season. Specifically, the equities market reopened on...

In Four Days, Equities Record N21.7bn Turnover

In Four Days, Equities Record N21.7bn Turnover   Equities listed on the Nigerian Stock Exchange have generated turnover worth N21.68bn in one week as the market capitalisation climbed above the N13tn mark on Friday to close at N13.020tn. The stock market opened for four trading days last...

In Three Days, Equities Investors Trade 736m Shares Worth N7.13bn

In Three Days, Equities Investors Trade 736m Shares Worth N7.13bn   Investors traded only 735.702 million shares worth N7.132 billion in 7,138 deals last week as the market was opened for only three days due to the fact that Wednesday and Thursday were observed as public...

Stock Market Gains N41bn, Shrugs Off Bearish Sentiment

Stock Market Gains N41bn, Shrugs Off Bearish Sentiment   The equities market has shrugged off bearish sentiments, gaining N23bn on Tuesday and N18bn on Wednesday as 24 stocks climbed, outperforming losses in 10 stocks. The market capitalisation of equities increased from N12.883tn on Monday to N12.906tn on...