Stocks Rebound As Capitalisation Rises By N3bn   Following renewed bargain hunting in the shares of some blue-chip companies, the Nigerian equities’ market reversed losses to close in an upbeat yesterday, causing market capitalisation to appreciate by N3 billion. In summary, the all-share index (ASI) grew by...

Market Capitalisation Drops By N238bn After Two-day Christmas Holidays   The market capitalization of the Nigerian Exchange Limited (NGX) commenced trading yesterday after a two-day Christmas holiday, dropping by N238billion on the heels of investors’ profit-taking. The market resumed trading activities yesterday after the public holidays, Monday...

Christmas Week Trades Add $77.89bn To Bitcoin Market Cap   The market capitalisation of Bitcoin increased by $77.89bn during the week leading up to Christmas. On December 19, BTC had a market cap of $883.01bn. It opened trading at $46,853.87, recorded a high of $48,089.66, but closed...

Bitcoin’s Market Cap Loses $264.28bn In 50 Days   The market capitalisation of bitcoin, the world’s most popular cryptocurrency, fell by $264.28bn in 50 days. The market cap of BTC rose by $250.36bn in October to close at $1.16tn. BTC rose to a high of $67,566.83 on November...

NGX Rebounds As Indices Rise By N276bn   The Nigerian Exchange Limited (NGX) reopened in an upbeat yesterday, occasioned by gains in major highly capitalised (high cap) stocks, as market capitalisation appreciated by N276 billion. Specifically, the All-Share Index (ASI) rose by 528.15 points, representing a growth...

NGX Sustains Rebound With N218bn Gain     The Nigerian Exchange Limited (NGX) sustained a rising profile at the end of yesterday, as bargain hunting in the shares of 20 blue-chip companies lifted market capitalisation further by N218 billion. Specifically, the All-Share Index (ASI) grew by 416.24 absolute...