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Investors Gain N230bn As Stock Market Rises Further

Investors Gain N230bn As Stock Market Rises Further       Investors gained N230bn last week as the Nigerian stock market saw more equities record price appreciation. The Nigerian Exchange Limited All-Share Index and market capitalisation appreciated by 1.11 per cent to close the week at 39,156.28 and N20.41tn...

Stocks Cut Losses As Market Capitalisation Rises To N20.19trn

Stocks Cut Losses As Market Capitalisation Rises To N20.19trn       The Nigerian stock market reversed some of its recent losses last week as the market capitalisation rose above the N20tn mark. The Nigerian Exchange Limited All-Share Index and market capitalisation appreciated by 1.23 per cent to close...

Foreign Stock Investors Withdraw N99.94bn In Four Months

Foreign Stock Investors Withdraw N99.94bn In Four Months       A total of N99.94bn was pulled out by foreign investors from the Nigerian stock market in the first four months of this year as foreign involvement plunged to a four-year low in April. The foreign portfolio investors injected...

Govts, Companies Raise N4.6trn From Capital Market In Five Months

Govts, Companies Raise N4.6trn From Capital Market In Five Months       Nigerian governments and companies have raised some N4.6 trillion in new capital from the capital market so far this year, already more than 100 per cent above the total capital raising recorded for the whole...

Five Firms Account For 70% Of Nigeria’s Stock Market Value

Five Firms Account For 70% Of Nigeria’s Stock Market Value       Dangote Cement Plc and four other companies accounted for about 69.59 per cent of the market capitalisation of equities on the Nigerian Exchange Limited as of the end of April. The other companies are MTN Nigeria...

Stocks Extend Decline As 17 Firms Record Losses

Stocks Extend Decline As 17 Firms Record Losses       The Nigerian stock market extended its decline on Monday as 17 companies saw their share prices decline at the end of trading. Investors in the market lost N600bn last week as the market capitalisation of equities fell below...