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...
Equities Rally N261bn In Four Days In 2 Weeks
Nigeria equities recorded their biggest rally in two months last week as increased bargain-hunting for quoted shares added N261 billion to market value of quoted companies.
Average return stood at 2.04 per cent last week, driven mainly...
Foreign Investment In Equities Rises To $9.48bn
The value of foreign portfolio and direct investment in equities amounted to $9.48bn (N3.44tn) between June 2017 and June 2019.
Data obtained from the Securities and Exchange Commission on Wednesday showed that foreign direct investment in equities stood at...
Analysts Forecast Positive Close For Equities In December
Despite the continuing bearish trend that has led to a decline of 19.9 per cent so far, analysts at FSDH Research have projected a positive close for the market in the month of December.
The stock market has...
26 Firms Lose As Market Sheds N190bn
The nation’s equities market depreciated by N190bn at the close of trading on Wednesday after 26 stocks recorded price declines.
A total of 200.278 million stocks valued at N2.162bn exchanged hands in 3,224 deals.
The N35bn gain recorded in the...
Stock Market Investors Lose N897bn In Eight Months
Equities market investors have lost N897 billion as at the end of August as politics continues to impact negatively on the market.
THISDAY checks showed that market capitalisation, which measures the worth of equities, has depreciated from N13.619...
