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Despite Foreign Investors’ Exit, Stock Market Gained N5.62trn In 2022

Despite Foreign Investors’ Exit, Stock Market Gained N5.62trn In 2022   Despite the economic challenges faced by the country in 2022, the stock market arm of the Nigerian Exchange Group (NGX) remained resilient as it gained N5.62 trillion in the past year. In terms of value, the...

Stock Market Maintains Positive Trend, Rises By N145bn

Stock Market Maintains Positive Trend, Rises By N145bn   For the third consecutive session, the stock market of the Nigerian Exchange Limited (NGX) yesterday maintained its bull run, as the market capitalisation gained N145bn. Meanwhile, at the end of yesterday’s Monetary Policy Committee (MPC) meeting, members voted...

Stock Investors Lose N1.7trn In A Week

Stock Investors Lose N1.7trn In A Week   Investors lost N1.7tn at the end of trading on the floor of the Nigerian Exchange Limited last week, following major dips in Airtel Africa Plc, Beta Glass Plc, and NEM Insurance Plc stocks. The market opened the trading week...

Investors Lose N902bn In Four Days

Investors Lose N902bn In Four Days   Investors at the Nigerian equities market closed weekend with a net loss of N901.98 billion as increased selloffs forced most stocks to close at lower prices. Benchmark indices for Nigerian equities closed weekend with average decline of 3.41 per cent,...

Stock Market Declines By N1.48trn In Q3, 2022

Stock Market Declines By N1.48trn In Q3, 2022   The Nigerian stock market lost N1.48tn in the third quarter (Q3) of 2022 as investors’ shifted investment to fixed market instruments. In the period under review, the stock market witnessed an increase in interest rate to 15.5 per...

Domestic Stock Sheds N15bn In Bearish Trading

Domestic Stock Sheds N15bn In Bearish Trading   The domestic stock market yesterday closed on a negative note, with market capitalisation shedding N15 billion or 0.56 per cent to close at N26.517 trillion as against N26.532 trillion recorded the previous day. Also, the All-Share Index (ASI) lost...