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NGX Rebounds As Capitalisation Rises By N11bn

NGX Rebounds As Capitalisation Rises By N11bn             The Nigerian equities market halted its three consecutive days of losses yesterday, as a result of renewed appetite in some blue-chip stocks, causing investors’ wealth to appreciate by N11 billion. Consequently, the Nigerian Exchange Limited’s (NGX) All-Share Index (ASI)...

Capitalisation Down By N30bn As NGX Revises Gains

Capitalisation Down By N30bn As NGX Revises Gains             Transactions on the floor of Nigerian Exchange Limited (NGX) reversed gains to close on a downturn yesterday as losses in the shares of Eterna, and 16 others dragged market capitalisation by N30 billion. Specifically, at the close of...

Stocks Extend Decline, Investors Lose N177bn

Stocks Extend Decline, Investors Lose N177bn       The market capitalisation of equities listed on the Nigerian Exchange Limited plunged by N176.64bn last week as the All-Share index dropped for five consecutive days. The NGX ASI declined by 0.86 per cent to 38,921.78 basis points on Friday from...

Stock Market Decline By N82.83bn On Profit-taking

Stock Market Decline By N82.83bn On Profit-taking       Transactions on the Nigerian equities market yesterday closed the first trading session of the week on a negative note with a decline of N82.83billion as profit-taking dominated all the major sectors. The overall market capitalisation dropped to N20.490 trillion...

Capitalisation Rises By N13bn As NGX Marks Diamond Jubilee

Capitalisation Rises By N13bn As NGX Marks Diamond Jubilee       Despite price losses that outweighed gains, the bulls upstaged the bears at the end of yesterday’s transactions on the equities sector of the Nigerian Exchange Limited (NGX), as market capitalisation appreciated by N13 billion. Specifically, at the...

NGX Absorbs FGN Bonds As Capitalisation Dips By N2bn

NGX Absorbs FGN Bonds As Capitalisation Dips By N2bn       The Nigerian Exchange Limited (NGX) has announced that the August 2021 issue of the Federal Government of Nigeria (FGN) Savings Bonds was listed on its platform yesterday. The bond is an investment instrument targeted at retail investors...