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...
In One Week, Stock Investors Record N13bn Loss
The Nigerian Exchange Limited closed lower last week as investors took stock of the hike in the Monetary Policy Rate by the Monetary Policy Committee of the Central Bank of Nigeria and continued with their profit-taking.
At the...
Market Rebounds, Investors Gain N10bn After Bearish Run
The bearish run of the Nigerian Exchange Limited was halted on Tuesday as the market rebounded with N10bn gain for investors.
The equities market capitalisation appreciated by 0.03 per cent to N29.909tn, the same percentage as the All...
Market Offences: NGX Fines 16 Firms N779m In Three Years
The Nigerian Exchange Limited has sanctioned 16 companies for various market infractions in three years.
Specifically, the NGX imposed the sum of N779.5m fine on LASACO Assurance Plc, Presco Plc, Ardova Plc, C&I Leasing Plc, and...
Equities Market Losses N476bn In A Week
The market capitalisation of the Nigerian Exchange Limited dropped below N30tn last week, weeks after it crossed the mark, leading to a loss of N476bn for investors.
This bearish trend started on Monday with investors losing N3bn to close...
Investors Gain N107bn as Stock Market Rebounds
Despite Tuesday's loss of N1bn, investors at the Nigerian Exchange Limited gained N107bn the following day, Wednesday.
The All-Share index and market capitalisation appreciated by 0.35 per cent to 55,801.14 and N30.397tn respectively.
Since the beginning of the year,...
