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
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
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
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
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...
Equity Market Falls by N35bn as Trading Declines
The market capitalisation of the Nigerian Exchange Limited slid by N35bn as MTN Nigeria (-0.63 per cent), Dangote Sugar (-1.64 per cent), Lafarge Africa Plc (-1.34 per cent), United Bank for Africa(-0.24 per cent) and FBN Holdings...
