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Seven Companies Delist, Three Lists On NGX In 2021

Seven Companies Delist, Three Lists On NGX In 2021   A total of seven companies delisted and three were listed on the Nigerian Exchange Limited (NGX) in 2021 amid expectation that the stock market might close the year positive. The stock market before the two-day public to...

NGX Investors Lose N7bn Amid Yuletide Sell-offs

NGX Investors Lose N7bn Amid Yuletide Sell-offs   Preparations for Yuletide have continued to take a toll on the equities sector of the Nigerian Exchange Limited (NGX) as investors’ wealth depreciated further by N7 billion. Specifically, the All-Share Index declined by 13.74 per cent, representing a decrease...

Foreign Investors Withdraw N173.32bn From Stock Market

Foreign Investors Withdraw N173.32bn From Stock Market   Foreign investors pulled out a total of N173.32bn from the Nigerian stock market from January to October, official data obtained on Monday show. The Nigerian Exchange Limited, in its latest domestic and foreign portfolio investment report, revealed that foreign...

Investors Record N260bn Weekly Gain As 32 Stocks Rise

Investors Record N260bn Weekly Gain As 32 Stocks Rise   Investors in the Nigerian stock market gained N260bn as 32 firms saw their share prices rise at the end of trading last week. The Nigerian Exchange Limited All-Share Index and market capitalisation appreciated by 1.12 per cent...

Equities Halt Losses As Market Capitalisation Rises by N5bn

Equities Halt Losses As Market Capitalisation Rises by N5bn     Following gains recorded by many blue-chip stocks, the equities market halted The upturn was impacted by gains recorded in large and medium capitalised stocks, amongst which are: Lafarge Africa, Zenith Bank, Guaranty Trust Holding Company (GTCO),...

Banking, Insurance Stocks Drag Down Market By N83bn

Banking, Insurance Stocks Drag Down Market By N83bn       The Nigerian stock market resumed the week on a bearish note as banking and insurance stocks triggered an N83.13bn loss at the end of trading on Monday. The All-Share Index of Nigerian Exchange Limited dropped by 0.38 per...