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Market Offences: NGX Fines 16 Firms N779m In Three Years

Market Offences: NGX Fines 16 Firms N779m In Three Years   The Nigerian Exchange Limited has sanctioned 16 companies for various market infractions in three years. Specifically, the NGX imposed the sum of N779.5m fine on LASACO Assurance Plc, Presco Plc, Ardova Plc, C&I Leasing Plc, and...

Stock Market Loses N49bn As 24 Firms Decline

Stock Market Loses N49bn As 24 Firms Decline   The equities market of the Nigerian Exchange Limited declined by N49.21bn at the end of trading on Wednesday as 24 firms saw their share prices fall. The NGX All-Share Index dropped by 0.22 per cent to close at...

Stock Market Gains N19bn, 31 Firms Record Losses

Stock Market Gains N19bn, 31 Firms Record Losses     Stock investors in the Nigerian Exchange Limited gained N19.11bn at the end of trading on Tuesday, despite negative sentiment in the market as 31 firms recorded losses as against 10 gainers. The NGX All-Share Index appreciated by 0.09...

NGX To Delist Three Firms, Suspends Four For Market Infractions

NGX To Delist Three Firms, Suspends Four For Market Infractions   The Nigerian Exchange Limited has suspended trading in the shares of four firms this year for falling short of regulatory criteria, even as it is in the process of delisting three firms. The NGX Regulation Limited...

Stock Investors Reap N30bn As 18 Firms Gain

Stock Investors Reap N30bn As 18 Firms Gain       Equities listed on the Nigerian Exchange Limited gained N30.03bn at the end of trading on Monday, even as the number of losers surpassed the gainers. The NGX All-Share Index gained 0.15 per cent as it rose from 38,547.08...

20 Firms Lose As Stocks End Four-day Gaining Streak

20 Firms Lose As Stocks End Four-day Gaining Streak       The stock market closed on a negative note on Tuesday at the end of trading on the floor of the Nigerian Exchange Limited after a four-day gaining streak. The NGX All-Share Index dropped by 0.12 per cent...