Stock Market Loses N170bn as Mid-Cap Selloff Deepens
The Nigerian equities market retreated on Thursday as a wave of mild profit-taking in several mid-cap stocks dampened the recent rally, resulting in a total loss of N170bn for investors. This downward movement saw the market capitalisation...
CBN's Policy Hits With N1.92trn Market Loss
The stock market on Thursday closed on a negative note as investors lost N1.92 trillion following sell-offs in banking and cement stocks.
This came amid reactions to new regulatory guidelines by the Central Bank of Nigeria on foreign subsidiaries...
NGX Market Cap Increases by N1.66trn
The Nigerian equities market sustained its bullish momentum as investors continued to accumulate fundamentally strong stocks, pushing key performance indicators higher at the close of trading. The market capitalisation opened the session at N134.772tn and advanced to N136.435tn, reflecting...
Banking Stocks Lift NGX by 0.28%
The Nigerian equities market closed on a positive note during Thursday’s trading session as a late-session rally in the banking sector pushed the market capitalisation up by N370bn. The All-Share Index grew by 0.28 per cent, gaining 576.27 points...
Equities Gain N649bn as Market Rebounds
The Nigerian stock market reversed the negative trend witnessed in the previous two trading sessions, recording a gain of N649bn on Thursday.
The All-Share Index rose by 1,010.22 points, representing an increase of 0.52 per cent to close at 196,908.76...
Nigerian Stock Market Rebounds, Adds ₦30bn to Investors’ Portfolios
The Nigerian stock market staged a modest recovery on Friday, reversing the previous session’s losses and boosting investor confidence with a ₦30 billion gain in market capitalization.
At the close of trading on the Nigerian Exchange Ltd....
