Stock Market Gains N62bn As Investors’ Sentiment Persist The Nigerian equities market ended last week positively, gaining N62 billion in market capitalisation amid weak investors sentiment trading in some highly capitalised stocks. The likes of MTN Nigeria Communication Plc rose by 1.7 per cent Wee-on-Week (WoW)...

Stock Market Suffers N37bn Decline   The stock market suffered N37bn decline on Tuesday following a six-day successive bullish run on the floor of the Nigerian Exchange Limited after profit-taking activity. The All-Share Index slumped by 67.98 absolute points, representing a decrease of 0.13 per cent to...

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   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   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 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...