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Stock Market Gains N1.33trn In First Trading Week

Stock Market Gains N1.33trn In First Trading Week   The Nigerian Exchange Limited (NGX) kicked off the first trading week of 2022 on a positive note as its market capitalisation gained N1.33 trillion. This followed foreign investors’ and high net worth investors’ demand for Airtel Africa...

Foreign Investors Withdraw N173.32bn From Stock Market

Foreign Investors Withdraw N173.32bn From Stock Market   Foreign investors pulled out a total of N173.32bn from the Nigerian stock market from January to October, official data obtained on Monday show. The Nigerian Exchange Limited, in its latest domestic and foreign portfolio investment report, revealed that foreign...

NGX Rebounds As Indices Rise By N276bn

NGX Rebounds As Indices Rise By N276bn   The Nigerian Exchange Limited (NGX) reopened in an upbeat yesterday, occasioned by gains in major highly capitalised (high cap) stocks, as market capitalisation appreciated by N276 billion. Specifically, the All-Share Index (ASI) rose by 528.15 points, representing a growth...

Investors Lose N71.44bn As Banking, Oil Stocks Decline

Investors Lose N71.44bn As Banking, Oil Stocks Decline   Investors in the equities market of the Nigerian Exchange Limited recorded a loss of N71.44bn at the end of the trading session on Thursday as oil and gas and banking stocks fell. The NGX All-Share Index fell to...

Stock Trading Volume Drops, Market Cap Stalls At N22.58trn

Stock Trading Volume Drops, Market Cap Stalls At N22.58trn   The market capitalisation of stocks listed on the Nigerian Exchange Limited remained unchanged at the end of trading on Tuesday as trading volumes fell, reversing Monday’s uptrend. The NGX All-Share Index dipped by 4.99 basis points from...

Large-cap Stocks Trigger N35bn Market Gain

Large-cap Stocks Trigger N35bn Market Gain   Stock trading at the Nigerian Exchange Limited resumed the week on a positive note as the market gained N34.97bn on Monday amid buying interest in large-cap equities. The NGX All-Share Index rose by 0.16 per cent to 43,266.27 basis points...