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Stock Market Gains N1.85trn As Investors Position For Corporate Earnings

Stock Market Gains N1.85trn As Investors Position For Corporate Earnings   The stock market of the Nigerian Exchange (NGX) gained N1.85trillion week-on-week (WoW) to extend its positive run for a second week as investors continued to take position ahead of 2023 corporate earnings. The market capitalisation closed...

Stock Investors Gain N1.93trn In Two Days

Stock Investors Gain N1.93trn In Two Days   The Nigerian stock market, yesterday, continued to surge in an impressive momentum, with investors gaining over N1.57 trillion from their investment. This makes a total capital appreciation of over N1.93 trillion in two trading days of the week following...

NGX: Foreign Firms Raise Stake To N71.4bn

NGX: Foreign Firms Raise Stake To N71.4bn   The total foreign transactions on the Nigerian Exchange Limited (NGX) jumped by 113.94 per cent to N71.37bn (about $75.76m) in November compared to N33.36bn a month earlier. This was revealed in the latest Domestic and Foreign Portfolio Investment Report...

Investors Gain N130bn Amid Moderation in Trade Volume

Investors Gain N130bn Amid Moderation in Trade Volume Trading activities on the Nigerian Exchange Limited moderated on Tuesday even as the investors gained N130bn at the close of trading. Both the All-Share Index and the market capitalisation appreciated by 0.33 per cent to close at 71,907.26...

Stock Investors Gain N1trn Amid Rising Inflation

Stock Investors Gain N1trn Amid Rising Inflation   Despite growing anxiety about soaring inflation and volatile exchange rates, investors trading on the Nigeria’s stock market gained N1.01 trillion at the end of their transactions in the month of November. Buoyed by a surge in investor confidence for...

Stock Investors Lose N156bn Following Profit-taking

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...