Stock Investors Lose N156bn Following Profit-taking   Investors on the local equity market saw their wealth depreciating by N156bn at the close of last week’s trading following profits-taking and selling sentiments. During the week, the market reacted to the latest inflation data published by the National Bureau...

Stock Market Depreciates By N341bn Amid Profit-taking   The profit-taking continued to dominate the stock market of the Nigerian Exchange Limited (NGX) as the capitalisation down by N341 billion amid sustained negative investors’ sentiment. The NGX All Share Index (ASI) decreased by 626.14 basis points or 1.16...

Stock Market Decline By N82.83bn On Profit-taking       Transactions on the Nigerian equities market yesterday closed the first trading session of the week on a negative note with a decline of N82.83billion as profit-taking dominated all the major sectors. The overall market capitalisation dropped to N20.490 trillion...

Stock Market Decline By N973.2bn In Seven Months       Profit-taking on price appreciation of stocks recorded last year and foreign investors exit Impacted the Nigerian equities market negatively in the first seven months of 2021 as investors lost N973.2billion. Specifically, market capitalisation, which measures the value of...

Stock Market Value Falls Below N20trn       The value of the Nigerian equities declined below the N20 trillion mark last week to N19.627 trillion, following sustained profit taking in bellwether counters. The market, which had declined by 1.30 per cent the previous week, posted another depreciation last...

Stock Market Sheds N130bn, Extends Losing Streak       The market capitalisation of equities listed on the nation’s stock market declined by N130bn last week as negative sentiments persisted amid profit-taking. The Nigerian Stock Exchange All-Share Index closed at 40,186.70 basis points on Friday, down from 40,439.85 a...