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Domestic Investors Slash Stock Trades by N932bn in August

Domestic Investors Slash Stock Trades by N932bn in August   Domestic investors on the Nigerian Exchange Limited (NGX) reduced their trades by a massive N932bn in August, dragging down the overall value of transactions on the local bourse. According to the Nigerian Exchange’s Domestic and Foreign Portfolio...

Investors Record N144bn Gain as Market Cap Rebounds to N90trn

Investors Record N144bn Gain as Market Cap Rebounds to N90trn   The Nigerian Exchange Limited (NGX) on Thursday reclaimed N90 trillion in market capitalisation as investors gained about N144 billion. The equity market closed in positive territory, extending its bullish momentum from the previous sessions. Key performance...

Investors Gain N190bn as NGX Closes on a Positive Note

Investors Gain N190bn as NGX Closes on a Positive Note   The Nigerian Exchange Limited (NGX) closed on a positive note on Thursday as investors gained N190bn, buoyed by price appreciation in Guinness Nigeria Plc, C&I Leasing Plc, and LivingTrust Mortgage Bank Plc. At the close of...

Market Capitalisation Falls to N88.9trn Amid Sustained Bearish Run

Market Capitalisation Falls to N88.9trn Amid Sustained Bearish Run   The Nigerian Exchange closed negative on Thursday as bearish trading sentiments wiped off N438bn from investors’ wealth, dragging the equities market capitalisation to N88.9tn at the end of the day’s transactions. The All-Share Index shed 691.52 points,...

Market Capitalisation Falls to N88.8trn Amid Prolonged Sell-offs

Market Capitalisation Falls to N88.8trn Amid Prolonged Sell-offs   The equities market of the Nigerian Exchange Limited (NGX) closed on a negative note on Wednesday as sustained sell-offs in bellwether stocks wiped off N781bn from investors’ wealth. At the end of the trading session, the market capitalisation...

Cement Stocks Drive NGX to N833bn Gain

Cement Stocks Drive NGX to N833bn Gain   The Nigerian Exchange Limited (NGX) gained momentum on Thursday as cement stocks pushed the market capitalisation higher by N833bn, buoyed by strong investor interest. The benchmark All-Share Index rose by 1.02 per cent or 1,316.76 points, closing at 130,283.84,...