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Investors Loss N24.8bn as Trading Falls

Investors Loss N24.8bn as Trading Falls Bears emerged in the domestic bourse as the market opened the week’s trading in the red region Tuesday with the Nigeria Exchange ( NGX) All-Share Index shed 4 basis points to close the day, reaching 104,518.14 points compared to...

Analysts Predict Fall in Market Investors over High Interest Rate 

Analysts Predict Fall in Market Investors over High Interest Rate  Analysts have stated that the decision of the Monetary Policy Committee to raise the benchmark interest rate by two per cent to 24.75 per cent would make the equity market less attractive to investors. The Governor...

NGX Trading Falls as Investors Lose N468.4bn in Three Days

NGX Trading Falls as Investors Lose N468.4bn in Three Days Investors trading on the stock market segment of the Nigerian Exchange Limited (NGX) lost an estimated N468.4 billion of their investment in three-day as profit-taking persisted in fundamental stocks. As profit-taking persisted, the overall market capitalisation...

NGX Trading Falls as Investors Lose N468.4bn in Three Days

NGX Trading Falls as Investors Lose N468.4bn in Three Days Investors trading on the stock market segment of the Nigerian Exchange Limited (NGX) lost an estimated N468.4 billion of their investment in three-day as profit-taking persisted in fundamental stocks. As profit-taking persisted, the overall market capitalisation...

Investors Gain N2.1trn in Stock market

Investors Gain N2.1trn in Stock market The stock market sustained bullish trend last week as investors on the Nigerian Exchange Limited, NGX, gained N2.1trillion. Though the market recorded mixed sentiment, the gains outweighed the losses as the NGX market capitalisation, which represents the total value of...

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,...