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Stock: Investors Gain N110bn, Market Cap Hits N14trn

Stock: Investors Gain N110bn, Market Cap Hits N14trn       The market capitalisation of the Nigerian equities market rose to N14tn on Wednesday for the first time since March 2020, amidst a sharp drop in fixed income yields following further monetary easing by the Monetary Policy Committee. The...

Stock Investors Gain N50bn As Market Capitalisation Rises

Stock Investors Gain N50bn As Market Capitalisation Rises       The Nigerian equity market on Monday sustained its positive outlook as the Nigerian Stock Exchange AlI-Share Index and market capitalisation rose further by 0.25 per cent. However, the market breadth closed negative with 15 gainers against 20 decliners. The...

Equity Market Extends Downturn By N75bn

Equity Market Extends Downturn By N75bn     Transactions in the Nigerian equity market on Tuesday closed negative for the second consecutive trading day, following sell-off on some high-valued stocks. The All-Share Index dipped by 143.91 basis points or 0.057 per cent to close at 24,883.70 bps as...

Equity Market Lose N70bn, Sell-off Persists

Equity Market Lose N70bn, Sell-off Persists     The Nigerian bourse on Tuesday closed lower to reverse the previous day gain as bears regained their grip following the sell-off that have persisted on the equities market. Market breadth closed negative as Total Oil Nigeria le 16 other losers...

Market Cap Drops Below N13trn As Stocks Lose N190bn

Market Cap Drops Below N13trn As Stocks Lose N190bn   The nation’s stock market recorded a loss of N190bn last week as the market capitalisation of equities fell below the N13tn mark. The Nigerian Stock Exchange All-Share Index depreciated by 0.99 per cent to close at 24,826.75...

Equity Market Extends Weekly Downtrend By 3.51%

Equity Market Extends Weekly Downtrend By 3.51%     Following rising cases of coronavirus in Nigeria, the domestic bourse on Friday recorded further extended weekly decline as the NSE All-Share Index and market capitalisation both depreciated by 3.51 per cent to close last week at 21,094.62 and...