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Investors Gain N4.17bn As Stock Rises Further

Investors Gain N4.17bn As Stock Rises Further       The Nigerian stock market saw a marginal increase of N4.17bn in its market capitalisation at the end of trading on Monday. The All-Share Index of the Nigerian Exchange Limited rose by 0.12 per cent to 38,220.01 basis points while...

Stock Market reverses Losses As Capitalisation Rises By N28bn

Stock Market reverses Losses As Capitalisation Rises By N28bn     Investors’ renewed appetite for some blue-chip stocks may have helped the Nigerian equities market to reverse losses thus, causing market capitalisation to increase by N28 billion. Specifically, the All-Share Index (ASI) increased by 55.50 absolute points, representing...

With 28 Firms Gain, Stock Market Rises Slightly

With 28 Firms Gain, Stock Market Rises Slightly     The Nigerian stock market rose slightly on Wednesday, paring some of the N340bn loss recorded on Tuesday. The Nigerian Exchange Limited All-Share Index increased by 0.15 per cent to 38,564.7 basis points while the market capitalisation rose to...

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...

NGX Begins Week With N59bn Gain

NGX Begins Week With N59bn Gain       The nation’s bourse opened trading for the new week on Monday on a positive note with a growth of N59 billion, following interests in Tier 1 banks. Specifically, the market capitalisation which opened at N20.431 trillion inched higher by N59...

Nigerian Stocks Beat Global Stocks With N259bn Gains

Nigerian Stocks Beat Global Stocks With N259bn Gains       Nigerian stocks played the contrarian at the weekend with a net capital gain of N259 billion in a week marked by general decline in share prices across the global advanced and emerging markets. A market-wide rally drove the...