Stock Market Sheds N812bn In May       The rally witnessed in the equities market in April was halted in May as rising yields in the fixed income securities market reduced demand by investors. Owing to this, the market, which gained N418 billion in April, depreciated further by...

Stock Market Extends Losses By N12bn       The stock market extended losses to three consecutive sessions yesterday, causing market capitalisation to depreciate further by N12 billion. At the close of transaction yesterday at the Nigerian Exchange Limited (NGX), the market capitalisation of listed equities declined by 0.06...

Five Firms Account For 70% Of Nigeria’s Stock Market Value       Dangote Cement Plc and four other companies accounted for about 69.59 per cent of the market capitalisation of equities on the Nigerian Exchange Limited as of the end of April. The other companies are MTN Nigeria...

Stocks Extend Decline As 17 Firms Record Losses       The Nigerian stock market extended its decline on Monday as 17 companies saw their share prices decline at the end of trading. Investors in the market lost N600bn last week as the market capitalisation of equities fell below...

Stock Investors Lose N600bn, Market Cap Drops Below N20trn       Investors in the Nigerian stock market lost N600bn last week as the market capitalisation of equities fell below the N20tn mark. The Nigerian Exchange Limited All-Share Index and market capitalisation declined by 2.93 per cent to close...

Dangote Cement, 20 Others Lift Capitalisation By N36bn       Trading activities on the Nigerian Exchange Limited (NGX) extended bullish run to two consecutive trading sessions yesterday, as investors’ wealth appreciated by N36 billion. Yesterday’s improved performance was spurred by investors’ sustained appetite in the shares of Dangote...