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Transactions On NGX Negative As Capitalisation Drops By N20bn

Transactions On NGX Negative As Capitalisation Drops By N20bn   Transactions on the Nigerian Exchange Limited (NGX) reopened on a downward note yesterday, occasioned by losses in many blue-chip stocks, causing market capitalisation to slump by N20 billion. Specifically, at the close of trading yesterday, market capitalisation...

Stock Trading Volume Drops, Market Cap Stalls At N22.58trn

Stock Trading Volume Drops, Market Cap Stalls At N22.58trn   The market capitalisation of stocks listed on the Nigerian Exchange Limited remained unchanged at the end of trading on Tuesday as trading volumes fell, reversing Monday’s uptrend. The NGX All-Share Index dipped by 4.99 basis points from...

Sustained Profit-taking Drags Market Capitalisation By N12bn

Sustained Profit-taking Drags Market Capitalisation By N12bn   Sustained profit-taking by investors on the Nigerian Exchange Limited (NGX), halted the five consecutive sessions of gains recorded last week, forcing the equities market to close on a downward note yesterday, as market capitalisation dipped by N12 billion. At...

Equities Rebound As Capitalisation Rises By N55bn After Holiday

Equities Rebound As Capitalisation Rises By N55bn After Holiday   The Nigerian equities market closed trading on Wednesday after the public holiday on a positive note with the market capitalisation improving by N55 billion. The bullish performance was buoyed by investors’ bargain hunting in the industrial goods...

Stock Market Gains N33bn As Volume Rises By 103%

Stock Market Gains N33bn As Volume Rises By 103%     The Nigerian Exchange Limited gained N33.32bn in market capitalisation as trading finalised on its floor on Thursday after trading volumes jumped by 102.75 per cent. The NGX All-Share index rose by 0.16 per cent to close at...

Capital Gains In Stocks Hit 7-month High At N1.2trn

Capital Gains In Stocks Hit 7-month High At N1.2trn             Nigeria’s stock market has made a dramatic rebound with third quarter 2021 figures showing capital appreciation of about N1.196 trillion. Analysts attributed the development to the recent upswing in the prices of crude oil in the international...