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Equities Shed N117bn As Investors Take Profits

Equities Shed N117bn As Investors Take Profits       The equities listed on the Nigerian Exchange Limited shed N117.03bn last week, with analysts attributing the market downturn to profit-taking by investors. The NGX All-Share Index and market capitalisation declined by 0.57 per cent to close the week at...

In One Month, Stock Market Investors Gain N332bn

In One Month, Stock Market Investors Gain N332bn         Stock investors in the Nigerian Exchange Limited gained N332bn in August as the market capitalisation of equities market grew to N20.43tn. They, however, lost N18.46bn on Wednesday, the first trading day of September. The NGX All-Share Index decreased by...

Stock Market Loses N56bn As 27 Equities Decline

Stock Market Loses N56bn As 27 Equities Decline       Equity investors in the Nigerian Exchange Limited lost N55.78bn at the end of trading on Tuesday as 27 firms recorded losses. The NGX All-Share Index declined by 0.27 per cent to 39,219.61 basis points from 39,326.67bps on Monday...

Foreign Investment In Nigerian Stocks Drops By N30.91bn

Foreign Investment In Nigerian Stocks Drops By N30.91bn       The Nigerian Exchange Limited has said the total inflows of foreign portfolio investments declined by N30.91bn from January to July, compared to the corresponding period in 2020. NGX’s Domestic and Foreign Portfolio Investment Report for July 2021 showed...

35 Stocks Close Higher, Investors Gain N14bn

35 Stocks Close Higher, Investors Gain N14bn       The equities market of the Nigerian Exchange Limited closed N14.10bn higher at the end of last week, with 35 listed companies recording share price gains. The NGX All-Share Index and market capitalisation appreciated by 0.01 per cent to close...

Capitalisation Rises By N13bn As NGX Marks Diamond Jubilee

Capitalisation Rises By N13bn As NGX Marks Diamond Jubilee       Despite price losses that outweighed gains, the bulls upstaged the bears at the end of yesterday’s transactions on the equities sector of the Nigerian Exchange Limited (NGX), as market capitalisation appreciated by N13 billion. Specifically, at the...