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With 28 Firms Gain, Stock Market Rises Slightly

With 28 Firms Gain, Stock Market Rises Slightly     The Nigerian stock market rose slightly on Wednesday, paring some of the N340bn loss recorded on Tuesday. The Nigerian Exchange Limited All-Share Index increased by 0.15 per cent to 38,564.7 basis points while the market capitalisation rose to...

NGX: Market Capitalisation Plunges Further By N167bn

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...

NGX Begins May With N17bn Loss

NGX Begins May With N17bn Loss Activities on the nation’s bourse resumed the week and month on Tuesday with a loss of N17 billion following sell pressure on Lafarge Africa and MTN Nigeria Communications (MTNN). Specifically, the market capitalisation shed N17 billion or 0.08 per cent...

Sell-offs Persist As Market Shed N60bn

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...