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NGX Group Earns N412m In Q1, 2023

NGX Group Earns N412m In Q1, 2023   For the period ended March 31, 2023, the Nigerian Exchange Group Plc (NGX Group) has achieved a Profit Before income Tax (PBT) of ₦412.2 million against ₦339.2 million recorded in the corresponding period in 2022. Specifically, the Group’s unaudited...

In One Week, Stock Investors Record N13bn Loss

In One Week, Stock Investors Record N13bn Loss   The Nigerian Exchange Limited closed lower last week as investors took stock of the hike in the Monetary Policy Rate by the Monetary Policy Committee of the Central Bank of Nigeria and continued with their profit-taking. At the...

Market Rebounds, Investors Gain N10bn After Bearish Run

Market Rebounds, Investors Gain N10bn After Bearish Run   The bearish run of the Nigerian Exchange Limited was halted on Tuesday as the market rebounded with N10bn gain for investors. The equities market capitalisation appreciated by 0.03 per cent to N29.909tn, the same percentage as the All...

Market Capitalisation Falls, Stocks Shed N3bn – NGX

Market Capitalisation Falls, Stocks Shed N3bn - NGX The Nigerian Exchange Limited, market capitalisation shed N3bn on Monday at the close of trading. This was also as the All-Share Index dropped by 6.14 points representing a decrease of 0.011 per cent to close at 55, 788.37. At...

Stock Market Defies Election, Rises By N623bn In Five Days

Stock Market Defies Election, Rises By N623bn In Five Days   The Nigerian equities market defied the usual election fears to consolidate gains for the five trading days, as investors gained N623 billion. Also, the volume of shares traded increased significantly, as turnover of 799.8 million shares...

Stock Market Suffers N37bn Decline

Stock Market Suffers N37bn Decline   The stock market suffered N37bn decline on Tuesday following a six-day successive bullish run on the floor of the Nigerian Exchange Limited after profit-taking activity. The All-Share Index slumped by 67.98 absolute points, representing a decrease of 0.13 per cent to...