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Stock Investors Reap N30bn As 18 Firms Gain

Stock Investors Reap N30bn As 18 Firms Gain       Equities listed on the Nigerian Exchange Limited gained N30.03bn at the end of trading on Monday, even as the number of losers surpassed the gainers. The NGX All-Share Index gained 0.15 per cent as it rose from 38,547.08...

Stock Market Decline By N973.2bn In Seven Months

Stock Market Decline By N973.2bn In Seven Months       Profit-taking on price appreciation of stocks recorded last year and foreign investors exit Impacted the Nigerian equities market negatively in the first seven months of 2021 as investors lost N973.2billion. Specifically, market capitalisation, which measures the value of...

Investors Lose N5.80bn As 24 Firms Suffer Price Decline

Investors Lose N5.80bn As 24 Firms Suffer Price Decline       Investors in the Nigerian Exchange Limited lost N5.80bn as 24 firms saw their share prices decline at the close of trading on Wednesday. The NGX All-Share Index declined by 2.87 per cent from 38,802.15 basis points to...

20 Firms Lose As Stocks End Four-day Gaining Streak

20 Firms Lose As Stocks End Four-day Gaining Streak       The stock market closed on a negative note on Tuesday at the end of trading on the floor of the Nigerian Exchange Limited after a four-day gaining streak. The NGX All-Share Index dropped by 0.12 per cent...

Oil, Gas Firms Lead As Stock Investors Gain N94bn

Oil, Gas Firms Lead As Stock Investors Gain N94bn       Oil and gas firms led the upturn in the stock market on Monday as investors gained N94.04bn at the end of trading on the floor of Nigerian Exchange Limited. The NGX All-Share Index appreciated by 0.47 per...

VAT, Multiple Taxations Undermine Stock Market Performance

VAT, Multiple Taxations Undermine Stock Market Performance     Barely two years after the resumption of Value Added Tax (VAT) to the stock market, investors have returned about N30 billion into government coffers. The amount includes the 10 per cent withholding taxes remitted to the government, despite...