NGX Market Capitalisation Rises By N1.45trn     As the stock market of the Nigerian Exchange Limited (NGX) appreciated by N1.45trillion in April, a total of 17 fundamental companies contributed about 98 per cent to market capitalisation in the month under review. Analysis of trading data showed that...

NGX Launches First Exchange-traded Derivatives Market In West Africa   The Nigerian Exchange Limited (NGX) has launched West Africa’s first Exchange Traded Derivatives Market with Equity Index Futures Contracts. It said in a statement on Friday that this was consistent with the Exchange’s commitment to develop the Nigerian...

Indices Rise By N36bn After Renewed Bargain Hunting In 18 Stocks   Following renewed bargain hunting in 18 stocks, the Nigerian Exchange Limited (NGX) reversed previous session losses to close upbeat, yesterday, as market capitalisation increased by N1 billion. The all-share index (ASI) inched higher by...

Stock Market Begins First Trading Week With N32bn Decline   The stock market of the Nigerian Exchange Limited (NGX) commenced March dropping by N32billion on investors’ profit-taking in large-mid capitalised stocks. The domestic market had opened the week on a strong footing, the positive momentum lost steam...

Stock Market Gains N579bn In First Week Trading The stock market of the Nigerian Exchange Limited (NGX) maintained its positive trend last week as foreign and high network investors continued to take position in stocks with attractive dividend yields ahead of 2021 financial year dividend...

Market Capitalisation Rises By N404bn As Bulls Make Rebound   The bulls regained dominance on the equities sector of the Nigerian Exchange Limited (NGX), as many blue-chip companies recorded price appreciation, causing market capitalisation to surge by N404 billion. Specifically, at the close of transactions yesterday, the...