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NGX Trading Opens Big as Investors Gain N70bn

NGX Trading Opens Big as Investors Gain N70bn The Nigerian Exchange Limited, on the first day of trading this week, opened on a bullish note as investors gained N70bn. The trend of the local bourse was primarily driven by the stocks of AccessCorp, United Bank for...

Despite Concerns Over Capital, Banking Index Rises By 6%

Despite Concerns Over Capital, Banking Index Rises By 6%   During the past week, the banking index of the Nigeria Exchange Limited (NGX) recorded the highest gain of 6.08 per cent week-on-week compared to other indexes on the local bourse as investors’ wealth grew by N66bn. Banking...

NGX Rebounds with N305bn Gain after Free Fall

NGX Rebounds with N305bn Gain after Free Fall The Nigerian Exchange Limited sustained its bullish sentiments on Wednesday as it closed in the green zone with N305bn added to equity investors’ wealth. Investors had gained N166bn on Tuesday after a loss of N259bn on Monday following...

NGX Down by 0.66%, Falls to N259bn over BUA Cement, Lafarge Loss

NGX Down by 0.66%, Falls to N259bn over BUA Cement, Lafarge Loss Losses recorded in the equities of some medium-cap companies dragged the market capitalisation of the Nigerian Exchange Limited to a loss of N259bn on Monday. Atop the losers’ chart was BUA Cement whose shares...

Stock Investors Gain N1trn Amid Rising Inflation

Stock Investors Gain N1trn Amid Rising Inflation   Despite growing anxiety about soaring inflation and volatile exchange rates, investors trading on the Nigeria’s stock market gained N1.01 trillion at the end of their transactions in the month of November. Buoyed by a surge in investor confidence for...

NGX Recovers as Gains Rise to N133bn

NGX Recovers as Gains Rise to N133bn The stock market of the Nigerian Exchange Limited (NGX) yesterday recovered from previous session losses, as the overall market capitalization appreciated by N133 billion on renewed investor interests in Seplat Energy Plc and 20 other stocks. The NGX All-Share...