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Tag: Nigerian Exchange Limited (NGX)

NGX Records N987bn Gain in Opening Session of the Week

NGX Records N987bn Gain in Opening Session of the Week   The Nigerian Exchange Limited (NGX) wrapped up its first trading day of the week with a market capitalization of N62.5 trillion. The session saw an impressive 641,117,293 shares change hands in 13,778 transactions. The value of...

Nigerian Stock Market Surges by N704bn

Nigerian Stock Market Surges by N704bn   The Nigerian equity market gained N704bn in six days, pushing the market capitalisation above N60tn. At Monday’s close, investors gained N330bn, and market capitalisation hit N60.6tn, with 740.89 million shares worth N16.88bn traded in 10,430 deals. This represented a 39...

Stock Market Records N83bn Gain on Positive Trading

Stock Market Records N83bn Gain on Positive Trading   The Nigerian Exchange Limited (NGX) closed in the green zone on Monday, with N83bn added to the wealth of investors. This marked the third consecutive positive trading session in a market that had been marked by sell-offs and...

Dangote, BUA, Others Lift Investors’ Gain to N4.3trn

Dangote, BUA, Others Lift Investors’ Gain to N4.3trn The exponential appreciation in equities at the Nigerian Exchange Limited (NGX) continued last week as demand for blue chips and dividend paying stocks, such as Dangote Cement, BUA Cement, BUA Foods among others increased across the major...

Equity Investors Gain N1.8trn As Market Sets New Records

Equity Investors Gain N1.8trn As Market Sets New Records   The Nigerian Exchange Limited set new records at the close of trading on Tuesday as the benchmark index, the All-Share Index rose by 3.93 per cent to 87,971.09 points, a new high. Similarly, the market capitalisation rose...

Banks Loan Portfolio Rises by 44.2% to N32.47trn

Banks Loan Portfolio Rises by 44.2% to N32.47trn   Leading Deposit Money Banks quoted in the Nigerian Exchange Limited (NGX) have grown their loan portfolio by 44.23 percent in the nine months ended September 30, 2023. The banks include: Zenith Bank Plc, FBN Holdings Plc, Access Bank...