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...

Three Nigeria’s Big Firms Gained N1.15trn In 2021 – NGX     The three biggest companies listed on the nation’s stock exchange gained a total of N1.15tn last year, data obtained from the Nigerian Exchange Limited have shown. The companies, namely Dangote Cement, MTN Nigeria Communications Plc and...

NGX Rebounds As Indices Rise By N276bn   The Nigerian Exchange Limited (NGX) reopened in an upbeat yesterday, occasioned by gains in major highly capitalised (high cap) stocks, as market capitalisation appreciated by N276 billion. Specifically, the All-Share Index (ASI) rose by 528.15 points, representing a growth...

NGX Sustains Rebound With N218bn Gain     The Nigerian Exchange Limited (NGX) sustained a rising profile at the end of yesterday, as bargain hunting in the shares of 20 blue-chip companies lifted market capitalisation further by N218 billion. Specifically, the All-Share Index (ASI) grew by 416.24 absolute...

Investors Lose N71.44bn As Banking, Oil Stocks Decline   Investors in the equities market of the Nigerian Exchange Limited recorded a loss of N71.44bn at the end of the trading session on Thursday as oil and gas and banking stocks fell. The NGX All-Share Index fell to...