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Stock: Investors Dump Bank Shares As Market Dips N52bn

Stock: Investors Dump Bank Shares As Market Dips N52bn   The nation’s stock market dipped by N52.1bn as major price depreciation in banking stocks led to sell-offs, which dragged the market lower. The market capitalisation of equities declined from N14.70tn to N14.65tn as the All Share Index...

Nigerian, UK Investors Sign N153.4bn Commercial Pact

Nigerian, UK Investors Sign N153.4bn Commercial Pact   United Kingdom investors have signed commercial deals worth £324m (over N153.4bn) with Nigerian investors. The deals were sealed during the inaugural UK-Africa Investment summit which was attended by 21 African countries, African leaders, UK and African businesses, international institutions...

Stock: Investors Lose N128bn, Dump Banks’ Shares

Stock: Investors Lose N128bn, Dump Banks’ Shares   Investors in the nation’s equity market lost a total of N128bn as the equities market reversed gains recorded in previous sessions. Investors embarked on selling spree, with banking shares experiencing the most sell-offs. Analysts at Afrinvest Securities Limited said the...

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...

NSE Recovers N1.44bn Shares For Investors In 2019

NSE Recovers N1.44bn Shares For Investors In 2019   The Nigerian Stock Exchange said it was able to recover N1.44bn worth of shares for investors in the year 2019. The Chief Executive Officer, Nigerian Stock Exchange, Mr Oscar Onyema, while speaking during the 2019 Market Recap/2020 Outlook,...

Investors Regain Confidence In Stock Market, Reap N3.28trn

Investors Regain Confidence In Stock Market, Reap N3.28trn   Investors have regained confidence in the stock market following the N3.28tn gain recorded in the market in the last 11 trading days. As of Wednesday, the gains recorded from the bullish run totalled N1.92tn. The stock market recorded its...