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Stock: Investors Lose N17bn As Market Extends Decline

Stock: Investors Lose N17bn As Market Extends Decline     The nation’s stock market extended its decline on Thursday as market sentiment remained negative, causing investors to lose N17bn. The market breath also closed negative as 16 gainers emerged, as against 17 losers. The All-Share Index dipped by 101.13...

Stock Market Records N63bn Loss On Profit-taking

Stock Market Records N63bn Loss On Profit-taking     The nation’s stock market pared some of its recent gains on Wednesday amid profit-taking activities by investors. The Nigerian Stock Exchange All-Share Index dropped by 120.11 basis points or 0.47 per cent to close at 25,215.04 from 25,335.15 on...

Stock Market Records N120bn Weekly Loss

Stock Market Records N120bn Weekly Loss     The equities segment of the Nigerian Stock Exchange closed on a negative note last week as investors lost N120bn. The NSE All-Share Index and market capitalisation both depreciated by 1.00 per cent to close the week at 25,016.30 basis point,...

GenCos Loses N122.79bn To Capacity Challenges In Five Months

GenCos Loses N122.79bn To Capacity Challenges In Five Months     Nothing less than N122.79 billion has been lost by Nigeria’s power generation companies (GenCos) between January to May this year. Pioneer Executive Secretary of the Association of Power Generation Companies, Dr. Joy Ogaji, said while available capacity...

Investors Lose N50bn As Stocks Suffer Decline

Investors Lose N50bn As Stocks Suffer Decline   Investors lost N50bn on Thursday as the nation’s stock market closed in the red. The Nigerian Stock Exchange All-Share Index and the market capitalisation of equities dropped by 0.38 per cent to pare the gains recorded in recent trading...

NSE Records N29bn Loss

NSE Records N29bn Loss     Trading activities on the floor of the Nigerian Stock Exchange (NSE) fell by 0.22 per cent on Thursday to halt its gaining streak as market speculators began profit-taking. Consequently, the All-Share Index dropped by 53.22 basis points or 0.22 per cent to...