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Stock Market Gains N21bn, Reverses Previous Day’s Loss

Stock Market Gains N21bn, Reverses Previous Day’s Loss   The Nigerian equity market on Tuesday rallied 0.19 per cent to reverse previous day negative sentiment ahead of temporary closure of its trading floor that begins today. The market breadth closed positively, recording 19 gainers as against 10...

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...

Stock Market Gains N52bn, Erases Monday’s Loss

Stock Market Gains N52bn, Erases Monday’s Loss     Trading activities on the floor of the Nigerian Stock Exchange on Tuesday closed on the positive route to upturn the previous day’s loss as bulls regained grip on the local bourse following gains recorded by blue chip firms. The...

Banking Stocks Drive N174bn Capital Market Gain

Banking Stocks Drive N174bn Capital Market Gain   The nation’s stock market witnessed a rebound on Thursday as investors gained N174.4bn on the back of gains in the banking sector. Analysts at Afrinvest Securities Limited said major price appreciation in Guaranty Trust Bank Plc, Zenith Bank Plc...

Stock: Investors Regain Confidence As Market Gains N48bn

Stock: Investors Regain Confidence As Market Gains N48bn   Investors in the equity market have regained confidence in the market following the extension of the gaining streak. The stock market opened the week on a positive note as gains in MTN Nigeria Communications Plc, Guaranty Trust Bank...

With N150bn Gain, Stock Market Rebounds

With N150bn Gain, Stock Market Rebounds   The stock market witnessed a rebound from its two-day losing streak on Thursday. Gains resurfaced in the equities market as the All Share Index increased by one per cent to settle at 29,352.13 basis points while the year-to-date return improved...