Investors Gain N60bn As Financial Services Lead
The financial services sector has continued its dominance of trading activities in the equity market as it cornered 71.82 per cent of stocks traded (in terms of quantity) on the Nigerian Exchange Limited in the past week. This...
NGX Trading Falls As Investors Lose N37bn
Investors on the Nigerian Exchange on Thursday lost N37bn due to losses recorded by Stanbic IBTC holdings (-3.02 per cent), Wapic (-6.52 per cent), GlaxoSmithKline (-5.30 per cent), FCMB (-2.17 per cent) and others.
Both the All-Share Index and...
Report Reveals NGX Domestic Transactions Decline By 45%
The level of domestic transactions on the Nigerian Exchange Limited (NGX) has dropped by 45.30 per cent in 16 years, from N3.556tn in 2007 to N1.945tn in 2022.
This was revealed in a report issued by the NGX...
Stock Market Gains N1.5trn After Tinubu’s Inauguration
The Nigerian stock market yesterday gave a rousing welcome to President Bola Ahmed Tinubu’s policy direction.
Intense bargain-hunting for Nigerian equities rallied the market to a net capital gain of N1.51 trillion, its highest gain in a day in...
NGX Retains Upswing As Investors Gain N137bn
The market capitalisation of the Nigerian Exchange Limited (NGX) gained N137bn at the close of trading on Tuesday, maintaining its positive trend this week.
Similarly, the All-Share Index also appreciated by 0.48 per cent or 252.06 base points to...
Equity Market Rebounds As Investors Gain N15bn
The Nigerian Exchange Limited (NGX) saw mixed sentiments on the trading floor this past week, which resulted in a gain of N15bn for investors.
Trading activities opened on a positive note at the start of the week but dipped...
