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Stock Investors Gain N510bn As Market Hits 15-year High

Stock Investors Gain N510bn As Market Hits 15-year High   Investors in the stock market yesterday recorded a N510 billion gain after All Share Index (ASI), the key performance measurement barometer in the market, hit a 15-year high. The All-Share Index of Nigerian Exchange Limited (NGX) yesterday...

Capital Market Closed Big as NGX ASI Hits 15-year High

Capital Market Closed Big as NGX ASI Hits 15-year High The Nigerian capital market closed big in trading today as the All Share Index (ASI) hit a 15-year high. The All-Share Index of Nigerian Exchange Limited (NGX) had risen by 0.51 percent to 66,490.34 points from...

In 7 Days, Stock Investors Lose N150bn

In 7 Days, Stock Investors Lose N150bn   Investors on the Nigerian Exchange Limited, suffered N150bn loss last week as bears dominated trading, halting consecutive weeks of upward movement. The dip was attributed to sell-offs and profit-taking in high-priced and blue-chip stocks. The market sentiment was also attributed...

Stock Market Maintains Downward Trend, Declines By N15bn

Stock Market Maintains Downward Trend, Declines By N15bn   The stock market of the Nigerian Exchange Limited (NGX) yesterday declined by N15 billion, maintaining downward trend over investors profit-taking in Geregu Power Plc and 23 others. The NGX All-Share Index (ASI) depreciated by 27.06 basis points or...

In Seven Months, NGX Attracted N369.83bn FGN Bonds, Other Listings 

In Seven Months, NGX Attracted N369.83bn FGN Bonds, Other Listings    The Nigerian Exchange Limited (NGX), attracted a total of N369.83 billion new listings across equities, FGN Bonds, mutual funds, and derivatives categories in seven months of 2023. The numbers obtained by Economic Confidential revealed that corporate...

Market Cap Profit Rises to N1.8tn in July – NGX

Market Cap Profit Rises to N1.8tn in July - NGX The market capitalisation of the Nigerian Exchange Limited grew by N1.8tn in July following earnings and dividends declared by listed companies. The positive trend of the market was further driven by insider dealings among companies, as...