HomeTagsStock Market

Tag: Stock Market

Stocks Record Weekly Loss As Market Cap Slumps Below N20trn

Stocks Record Weekly Loss As Market Cap Slumps Below N20trn       The Nigerian stock market recorded a loss last week as the market capitalisation of equities fell below N20tn. The Nigerian Exchange Limited All-Share Index depreciated by 0.57 per cent to close the week at 37,994.19 basis...

Investors Gain N103bn As Stock Hits Two-week High

Investors Gain N103bn As Stock Hits Two-week High     Nigerian stocks closed with a market capitalisation of N20.03tn on Tuesday, its highest in two weeks as investors gained N103.23bn at the end of trading. The Nigerian Exchange Limited All-Share Index rose by 0.52 per cent to close...

Investors Gain N4.17bn As Stock Rises Further

Investors Gain N4.17bn As Stock Rises Further       The Nigerian stock market saw a marginal increase of N4.17bn in its market capitalisation at the end of trading on Monday. The All-Share Index of the Nigerian Exchange Limited rose by 0.12 per cent to 38,220.01 basis points while...

Stock Market Records N290bn Weekly Gain

Stock Market Records N290bn Weekly Gain       The Nigerian stock market gained N290bn at the end of trading last week as the All-Share Index of the Nigerian Exchange Limited rose by 1.48 per cent to 38,212.01 basis points. The market capitalisation increased to N19.92tn on Friday from...

Stock Market Sheds N1.303trn In H1, 2021

Stock Market Sheds N1.303trn In H1, 2021       The Nigerian equities market went down by N1.303 trillion in the first half(H1) of 2021, driven by profit-taking, shift to the fixed income (FI) market by local investors due to uptick in yields and low participation by foreign...

Stock Market reverses Losses As Capitalisation Rises By N28bn

Stock Market reverses Losses As Capitalisation Rises By N28bn     Investors’ renewed appetite for some blue-chip stocks may have helped the Nigerian equities market to reverse losses thus, causing market capitalisation to increase by N28 billion. Specifically, the All-Share Index (ASI) increased by 55.50 absolute points, representing...