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Stock Investors Generate N1.7trn In One Week

Stock Investors Generate N1.7trn In One Week   Investors made N1.7tn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index and Market Capitalisation appreciated by 5.49 per cent to close the week at 59,000.96 and N32.126tn respectively. All...

Investors Gain N60bn As Financial Services Lead

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

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%

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

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

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...