NGX Begins Week With N59bn Gain       The nation’s bourse opened trading for the new week on Monday on a positive note with a growth of N59 billion, following interests in Tier 1 banks. Specifically, the market capitalisation which opened at N20.431 trillion inched higher by N59...

NGX: Market Capitalisation Plunges Further By N167bn       The Nigerian Exchange Limited (NGX) extended bearish sentiment to three consecutive trading sessions yesterday, as more highly capitalised stocks depreciated in price. This resulted to a further slide in market capitalisation by N167 billion. The All-Share Index (ASI) decreased...

Bears Dominate Trading On NGX, Capitalisation Drop By N193bn       The bears were dominant on the Nigerian Exchange (NGX) Ltd., on Wednesday with market capitalisation declining further by N193 billion. Specifically, the capitalisation which opened at N20.830 trillion dipped N193 billion to close at N20. 637 trillion. Similarly,...

Gains In Highcap Stocks Lift Capitalisation By N356bn     Following gains recorded by most highly capitalised (highcap) stocks, transactions on the Nigerian Exchange Limited (NGX) reversed negative sentiments to close in an upbeat yesterday as market capitalisation appreciated by N356 billion. At the close of trading, the...

Stock Market Extend Gains With N59bn       The local bourse extended gains for the third consecutive trading session as a result of price appreciation in Guaranty (+4.2percent), WAPCO (+6.8%), and UBN (+5.3%). This pushed market capitalisation by N59.0bn to close at N20.5tn even as the All-Share index...

Sell-offs Persist As Market Shed N60bn     The equities market sustained a downtrend as market capitalisation declined by N57.9 billion to settle at N20.3 trillion while year to date loss worsened to -4.1 percent. The All-Share Index declined 29bps to settle at 38,601.83 points due to sell-offs...