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Financial Stocks Account for 41.7% of Total Turnover

Financial Stocks Account for 41.7% of Total Turnover The financial services industry dominated in volume terms at the end of last week’s transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 899.5 million shares valued at N15.9 billion traded in 20,278 deals,...

Wigwe: Access Holdings’ Stock Price Drops by 6.26% on NGX

Wigwe: Access Holdings’ Stock Price Drops by 6.26% on NGX The stock price of Access Holdings Plc on the Nigerian Exchange Limited (NGX) yesterday, dropped by 6.26 per cent or N1.55 per share amid the news of the death of the company’s Group Managing Director,...

Market Caps Drop N55.87tn as NGX Sustains Bearish Trend

Market Caps Drop N55.87tn as NGX Sustains Bearish Trend The Nigerian Exchange trading activities were subdued leading to a marginal depreciation in the market capitalisation to N55.87tn. At the close of trading on Wednesday, investors lost N1bn as the All-Share Index depreciated 0.002 per cent to...

NGX: Market Cap Sheds N857bn Over Sell-offs

NGX: Market Cap Sheds N857bn Over Sell-offs   The market capitalisation of the Nigerian Exchange Limited (NGX) recorded its second dip this year as it shed N857bn to close at N56,425tn on the back of sell-offs. The All-Share Index went down by 1.49 per cent on Tuesday...

Bullish Trend: Equity market Gains N673bn on First Trading 

Bullish Trend: Equity market Gains N673bn on First Trading  The equity market continued with its bullish trend on Monday, as investors gained N673bn. At the close of trading, both the market capitalisation of the exchange and the All-Share Index rose by 1.30 per cent to settle...

Dangote Cement Crosses N10tn Capitalisation on NGX

Dangote Cement Crosses N10tn Capitalisation on NGX The market capitalisation of Dangote Cement hit N10tn on Monday, emerging as the first company to achieve that milestone on the Nigerian Exchange. This is as billionaire businessman, Femi Otedola, who called the founder of the Dangote Group, Aliko...