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NGX Stimulating Economic Growth, Helping Businesses – Buhari

NGX Stimulating Economic Growth, Helping Businesses - Buhari       Following the successful demutualisation of the Nigerian Stock Exchange, President Muhammadu Buhari, has said the Exchange is stimulating economic growth in the country and helping businesses and individuals to save and raise capital. The demutualisation of the NSE...

Investors Lose N148bn On NGX In A Session

Investors Lose N148bn On NGX In A Session       The Nigerian Exchange (NGX) market capitalisation dropped further by N148 billion, extending bearish run to two consecutive trading sessions. Specifically, the market capitalisation which opened at N20.487 trillion shed N148 billion or 0.72 per cent to close at...

Stock Market Declines As 14 Firms Record Losses

Stock Market Declines As 14 Firms Record Losses       The stock market closed on a negative note on Monday as 14 companies saw their share prices decline at the end of trading on the Nigerian Exchange Limited. The NGX All-Share Index fell by 0.44 per cent to...

Investors Gain N150bn As Nigerian Stocks Cut Losses

Investors Gain N150bn As Nigerian Stocks Cut Losses       Investors gained N150bn at the close of trading on the Nigerian Exchange Limited last week as stocks pared their losses. The NGX All-Share Index and market capitalisation appreciated by 0.72 per cent to close the week at 39,481.89...

NGX Begins Week With N59bn Gain

NGX Begins Week With N59bn Gain       The nation’s bourse opened trading for the new week on Monday on a positive note with a growth of N59 billion, following interests in Tier 1 banks. Specifically, the market capitalisation which opened at N20.431 trillion inched higher by N59...

NGX: Market Capitalisation Plunges Further By N167bn

NGX: Market Capitalisation Plunges Further By N167bn       The Nigerian Exchange Limited (NGX) extended bearish sentiment to three consecutive trading sessions yesterday, as more highly capitalised stocks depreciated in price. This resulted to a further slide in market capitalisation by N167 billion. The All-Share Index (ASI) decreased...