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NGX Sustains Negative Trading With N126bn Loss

NGX Sustains Negative Trading With N126bn Loss The market capitalisation of the Nigerian Exchange Limited (NGX) dipped by N126bn on Tuesday, marking the fifth consecutive negative trading session on the local bourse. The equity market kicked off the week’s trading session with a loss of N242bn...

Equity Investors Gain N700bn In Two Days

Equity Investors Gain N700bn In Two Days   Following price upticks on the Nigerian Exchange Limited (NGX), equity investors have now gained N700bn in two consecutive trading days. At the close of Tuesday’s trade, the benchmark index advanced by 1.31 per cent. Specifically, the data from Monday...

Financial Stocks Lead N41bn Turnover With 74%

Financial Stocks Lead N41bn Turnover With 74%   The financial services industry dominated, in volume terms, last week’s transactions on the floor of the Nigerian Exchange Limited (NGX). It led the activity chart with 1.7 billion shares valued at N24.7 billion traded in 14, 277 deals. It...

Stock Investors Generate N1.7trn In One Week

Stock Investors Generate N1.7trn In One Week   Investors made N1.7tn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index and Market Capitalisation appreciated by 5.49 per cent to close the week at 59,000.96 and N32.126tn respectively. All...

Stock Market Gains N1.5trn After Tinubu’s Inauguration

Stock Market Gains N1.5trn After Tinubu’s Inauguration   The Nigerian stock market yesterday gave a rousing welcome to President Bola Ahmed Tinubu’s policy direction. Intense bargain-hunting for Nigerian equities rallied the market to a net capital gain of N1.51 trillion, its highest gain in a day in...

NGX Retains Upswing As Investors Gain N137bn

NGX Retains Upswing As Investors Gain N137bn   The market capitalisation of the Nigerian Exchange Limited (NGX) gained N137bn at the close of trading on Tuesday, maintaining its positive trend this week. Similarly, the All-Share Index also appreciated by 0.48 per cent or 252.06 base points to...