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Stock Market Extends Gains With N9bn

Stock Market Extends Gains With N9bn     Trading activities on the equity market on Monday closed the month of August on a positive note. The Nigerian Stock Exchange All-Share Index appreciated by 0.07 per cent, although the market breadth closed negative with 11 gainers against 17 losers. The...

More Foreign Investors Leave As FPI Flows Crash By 228%

More Foreign Investors Leave As FPI Flows Crash By 228%       Foreign Portfolio Investment, FPI, inflow to the Nigerian economy has recorded massive decline in the first seven months of 2020 (January-July) amidst growing negative macroeconomic numbers. FPI mirrors the confidence level of foreign investors in the...

FG Lists N75bn 25-year Bond On NSE

FG Lists N75bn 25-year Bond On NSE     The Federal Government has listed its long-term N75 billion bond on the Nigerian Stock Exchange (NSE), paving the way for bondholders and investors to trade on the debt securities. The N75 billion bond was issued on July 24, 2020...

Stocks End Six-day Gaining Streak As Investors Lose N14bn

Stocks End Six-day Gaining Streak As Investors Lose N14bn     The Nigerian equity market closed in the red on Thursday as investors began to take profits to increase capital gains. The key market performance indicator, the Nigerian Stock Exchange All-Share Index, declined by 0.10 per cent to...

Stock Market Extends Rally, Gains N19bn

Stock Market Extends Rally, Gains N19bn       The Nigerian equity market sustained its positive outlook on Thursday for the third consecutive trading session as the key performance indicators rose by 0.14 per cent. Market watchers attributed the development to sustained confidence as bargain hunters leverage under-valued stocks. The...

Stock Market Advances With N18bn Gain

Stock Market Advances With N18bn Gain     The nation’s stock market closed higher on Wednesday as the bulls maintained their grip on the market following gains recorded majorly by blue-chip stocks. The key market performance indicators, the Nigerian Stock of Exchange All-Share Index and market capitalisation, rose...