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Tag: Nigerian Exchange Limited (NGX)

CBN’s Policy Hits With N1.92trn Market Loss

CBN's Policy Hits With N1.92trn Market Loss The stock market on Thursday closed on a negative note as investors lost N1.92 trillion following sell-offs in banking and cement stocks. This came amid reactions to new regulatory guidelines by the Central Bank of Nigeria on foreign subsidiaries...

NGX Market Cap Jumps by N3.2trn Amid Bullish Trading 

NGX Market Cap Jumps by N3.2trn Amid Bullish Trading    Investors gained N3.26tn at the close of trading on Thursday as the Nigerian equities market extended its bullish run, driven by sustained buying interest in large-cap and consumer-linked stocks. Market capitalisation, which represents the total value of...

NGX Market Cap Increases by N1.66trn

NGX Market Cap Increases by N1.66trn The Nigerian equities market sustained its bullish momentum as investors continued to accumulate fundamentally strong stocks, pushing key performance indicators higher at the close of trading. The market capitalisation opened the session at N134.772tn and advanced to N136.435tn, reflecting...

Banking Stocks Lift NGX by 0.28%

Banking Stocks Lift NGX by 0.28% The Nigerian equities market closed on a positive note during Thursday’s trading session as a late-session rally in the banking sector pushed the market capitalisation up by N370bn. The All-Share Index grew by 0.28 per cent, gaining 576.27 points...

Sell-Off Slaps N4514bn Loss on Investors at NGX

Sell-Off Slaps N4514bn Loss on Investors at NGX   Trading on Thursday closed on a bearish note as equities on the Nigerian bourse extended their downward trajectory, reflecting cautious investor sentiment and persistent profit-taking across key sectors. Official data from the Daily Official List shows the All-Share...

Investors Gain N1.7trn as Banking, Industrial Shares Soar

Investors Gain N1.7trn as Banking, Industrial Shares Soar   Investors gained approximately N1.70 trillion at the close of Thursday’s trading, as broad-based sectoral advances lifted equities and pushed the benchmark index to a fresh weekly high on the Nigerian Exchange Limited. Market capitalisation rose to N123.93 tn...