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Stock Investors Lose N24bn As Lending Rate Rises

Stock Investors Lose N24bn As Lending Rate Rises   The Nigerian stock market on Tuesday reacted sharply to the hike in interest rate as market capitalisation swiftly fell against the gain recorded on Monday. As a result, stock investors lost N24bn as they sold off Geregu Power...

Stock Investors Gain N44.77bn

Stock Investors Gain N44.77bn   Market activities at the close of the week ended moderately bullish as market capitalisation hit N28.647tn as of January 19, against N28.602tn recorded as of January 13, 2023. Similarly, the NGX All-Share Index increased by 0.16 per cent to close the week...

Stock Investors Gained N5.6trn, Capitalisation Hit N28trn In 2022

Stock Investors Gained N5.6trn, Capitalisation Hit N28trn In 2022   Investors in the Nigerian Exchange gained N5.618tn between January 4, 2022 when the market opened and the close of business on December 30, 2022. Despite the global economic risk, the Nigerian stock market’s capitalisation grew from N22.297tn...

Despite Foreign Investors’ Exit, Stock Market Gained N5.62trn In 2022

Despite Foreign Investors’ Exit, Stock Market Gained N5.62trn In 2022   Despite the economic challenges faced by the country in 2022, the stock market arm of the Nigerian Exchange Group (NGX) remained resilient as it gained N5.62 trillion in the past year. In terms of value, the...

Stock Market Maintains Positive Trend, Rises By N145bn

Stock Market Maintains Positive Trend, Rises By N145bn   For the third consecutive session, the stock market of the Nigerian Exchange Limited (NGX) yesterday maintained its bull run, as the market capitalisation gained N145bn. Meanwhile, at the end of yesterday’s Monetary Policy Committee (MPC) meeting, members voted...

Stock Investors Gain N117bn In Bullish Trading

Stock Investors Gain N117bn In Bullish Trading   The Nigerian stock market opened the trading week on a positive note as gains in BUA Cement Plc and 11 others caused Investors to earn N117bn on Tuesday. The All Share Index grew by 214.49 absolute points, depicting a...