Stock Market Defies Election, Rises By N623bn In Five Days
The Nigerian equities market defied the usual election fears to consolidate gains for the five trading days, as investors gained N623 billion.
Also, the volume of shares traded increased significantly, as turnover of 799.8 million shares...
Naira Notes Crunch Drags Down Stock Market
The bullish sentiment in the equities market which started previous week has been aborted at the backdrop of the prolonged cash crunch emanating from the Central Bank of Nigeria, CBN’s, currency change exercise.
Market operators indicated that the bullish...
Stock Market Gains N62bn As Investors’ Sentiment Persist
The Nigerian equities market ended last week positively, gaining N62 billion in market capitalisation amid weak investors sentiment trading in some highly capitalised stocks.
The likes of MTN Nigeria Communication Plc rose by 1.7 per cent Wee-on-Week (WoW)...
Stock Market Suffers N37bn Decline
The stock market suffered N37bn decline on Tuesday following a six-day successive bullish run on the floor of the Nigerian Exchange Limited after profit-taking activity.
The All-Share Index slumped by 67.98 absolute points, representing a decrease of 0.13 per cent to...
Stock Investors Lose N24bn As Lending Rate Rises
The Nigerian stock market on Tuesday reacted sharply to the hike in interest rate as market capitalisation swiftly fell against the gain recorded on Monday.
As a result, stock investors lost N24bn as they sold off Geregu Power...
Stock Market Losses N47bn as Trading Closes Bearish
The Nigerian stock market closed bearish on Wednesday with a loss of N47bn, driven by profit-taking activities in Dangote Cement Plc and 20 other companies.
The All-Share Index depreciated by 85.80 absolute points, representing a decrease of 0.16...
