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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...

NGX: Market Capitalisation Drop By N1.6trn In April

NGX: Market Capitalisation Drop By N1.6trn In April   Despite some very impressive 2022 corporate earnings and dividend payout to shareholders of quoted companies, investigations has revealed that market capitalisation of the Nigerian Exchange Limited (NGX) fell N1.580 trillion at the end of transactions in April. Although...

Stock Market Depreciated By N1.01trn In April

Stock Market Depreciated By N1.01trn In April   The stock market of the Nigerian Exchange Limited (NGX) depreciated by N1.01trillion or per cent in April 2023 amid impressive 2022 financial year corporate earnings and dividend payout to shareholders by listed companies. Although the stock market has gained...