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NGX Rebounds As Indices Rise By N276bn

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

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

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

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 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...