HomeTagsMarket Capitalisation

Tag: Market Capitalisation

Market Closes Flat After Bearish Trend

Market Closes Flat After Bearish Trend   The Nigerian Exchange Limited closed flat on Wednesday following days of bearish trading. At the end of the trading, the All-Share index settled at 51,953.41 points. Consequently, year-to-date returns came in at 1.37 per cent while market capitalisation stood at...

Stock Market Depreciates By N341bn Amid Profit-taking

Stock Market Depreciates By N341bn Amid Profit-taking   The profit-taking continued to dominate the stock market of the Nigerian Exchange Limited (NGX) as the capitalisation down by N341 billion amid sustained negative investors’ sentiment. The NGX All Share Index (ASI) decreased by 626.14 basis points or 1.16...

Market Rebounds, Investors Gain N10bn After Bearish Run

Market Rebounds, Investors Gain N10bn After Bearish Run   The bearish run of the Nigerian Exchange Limited was halted on Tuesday as the market rebounded with N10bn gain for investors. The equities market capitalisation appreciated by 0.03 per cent to N29.909tn, the same percentage as the All...

Equities Market Losses N476bn In A Week

Equities Market Losses N476bn In A Week   The market capitalisation of the Nigerian Exchange Limited dropped below N30tn last week, weeks after it crossed the mark, leading to a loss of N476bn for investors. This bearish trend started on Monday with investors losing N3bn to close...

Investors Lose N1bn As Equities Market Dips

Investors Lose N1bn As Equities Market Dips   The Nigerian Exchange Limited dipped slightly on Tuesday as investors lost about N1bn at the end of trading. The All-Share Index depreciated to 55.603.94 on Tuesday from Monday’s record of 55,605.57. The Market capitalisation also dipped to N30.290tn from...

Stock Market Defies Election, Rises By N623bn In Five Days

Stock Market Defies Election, Rises By N623bn In Five Days   The Nigerian equities market defied the usual election fears to consolidate gains for the five trading days, as investors gained N623 billion. Also, the volume of shares traded increased significantly, as turnover of 799.8 million shares...