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...
Equities Halt Losses As Market Capitalisation Rises by N5bn
Following gains recorded by many blue-chip stocks, the equities market halted The upturn was impacted by gains recorded in large and medium capitalised stocks, amongst which are: Lafarge Africa, Zenith Bank, Guaranty Trust Holding Company (GTCO),...
NGX Resumes December Bearish With N410bn Loss
Following losses suffered by many blue-chip stocks, especially MTN Nigeria and African Prudential, the Nigerian equities market resumed trading for the month of December on a negative note yesterday, as market capitalisation declined by N410 billion.
In summary, the...
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...
