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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...

Foreign Investment In Nigerian Stocks Drop To N60.11bn

Foreign Investment In Nigerian Stocks Drop To N60.11bn     Foreign portfolio investment in the Nigerian stock market dropped by eight per cent in the first quarter of 2021 to N60.11bn from N65.27bn in the same period of 2020. Foreign investors injected N16.73bn into the stock market in...

Stock Investors Gained N420bn In April

Stock Investors Gained N420bn In April       Investors in the Nigerian stock market gained N420bn in April as listed companies began releasing their earnings reports for the first quarter of the year. The market capitalisation of equities rose to N20.85tn as of April 30 from N20.43tn at...

Stock Investors Lose N55bn As Market Falls Further

Stock Investors Lose N55bn As Market Falls Further     Investors in the Nigerian stock market lost N55bn at the end of trading on Monday amid profit-taking. The market breadth closed negative as 14 firms recorded gains while 17 saw their share prices decline. The Nigerian Stock Exchange All-Share...

Stock Market Loses N369bn On Sentiments In Five Days

Stock Market Loses N369bn On Sentiments In Five Days   The Nigerian stock market, which is part of the barometer used to gauge the health of a nation’s economy, has continued to decline following negative reactions by investors. While the market suffered a decline of 4.6 per...

Despite 0.59% Index Decline, Investors Stake N3.9bn On Shares

Despite 0.59% Index Decline, Investors Stake N3.9bn On Shares Investors staked N3.887 billion on 243.717 million shares in 3,449 deals yesterday, showing an increase of 116 per cent compared with N1.799 billion in invested in 217.132 million shares the previous day. The high value of...