Bearish Trading Dips as Investors Lose N108bn The Nigerian Exchange experienced a continued downtrend on Wednesday, resulting in a loss of N108bn as bearish sentiments dominated trading for the third consecutive day. The All Share Index declined by 0.20 per cent, closing at 97,199.60 points and...

NGX Loses N93bn as Global Equity Market Declines   The Nigerian equity market shed N93bn on Monday, mirroring the broader global market decline. The All-Share Index and market capitalisation fell by 0.17 per cent to 97,582.41 points and N55.40tn. The day’s trading saw 9,738 transactions totalling N6.217bn, with...

Banking Stocks on NGX Lost N1.6tn Banking stocks listed on the Nigerian Exchange have lost about N1.62tn in their market capitalisation since the Central Bank of Nigeria directed the banks in the country to recapitalise. In late March, the Central Bank of Nigeria directed Deposit Money...

Bearish Trend: NGX Ends July Trading with N32bn Loss The Nigerian Exchange continued its bearish trend for the third consecutive day this week, as investors lost N32bn due to losses suffered by Berger, Cutix, and Nigerian Aviation Handling Company. Berger, Cutix, and Nigerian Aviation Handling Company...

CAP Post-Tax Profit Decline by 42% Chemical and Allied Products Plc has reported a 42 per cent decline in profit after tax for the second quarter of 2024. The company’s post-tax profit fell from N895m in Q2 2023 to N517m in Q2 2024, driven by escalating...

Bearish Trend: NGX Trading Dips as Investors Lose N68bn  Investors lost N68bn on Wednesday as the equity market continued with its bearish trading. The All Share Index and the Market Capitalisation declined by 0.12 per cent each to settle at 100,365.17 points and N56.83tn, respectively. This brings...