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Stock Market Value Falls Below N20trn

Stock Market Value Falls Below N20trn       The value of the Nigerian equities declined below the N20 trillion mark last week to N19.627 trillion, following sustained profit taking in bellwether counters. The market, which had declined by 1.30 per cent the previous week, posted another depreciation last...

Investors Lose N360bn As Stock Extends Decline

Investors Lose N360bn As Stock Extends Decline     Investors lost N360bn on Tuesday at the end of trading on the floor of the Nigerian Exchange Limited as the stock market extended its decline. The NGX All-Share Index fell by 1.81 per cent to close at 37,847.07 basis...

25 Firms Suffer Decline, Stock Investors Lose N270bn

25 Firms Suffer Decline, Stock Investors Lose N270bn       Investors in the Nigerian stock market lost N270bn last week as 25 equities recorded price declines. The Nigerian Exchange Limited All-Share Index and market capitalisation depreciated by 1.30 per cent to close the week at 38,648.91 basis points...

With 28 Firms Gain, Stock Market Rises Slightly

With 28 Firms Gain, Stock Market Rises Slightly     The Nigerian stock market rose slightly on Wednesday, paring some of the N340bn loss recorded on Tuesday. The Nigerian Exchange Limited All-Share Index increased by 0.15 per cent to 38,564.7 basis points while the market capitalisation rose to...

36 Firms Delisted From Stock Market In Five Years

36 Firms Delisted From Stock Market In Five Years       A total of 36 companies have delisted from the Nigerian stock market between May 2016 and May 2021, even as five more are currently undergoing delisting process. The latest data collated from Nigerian Exchange Limited showed that...

Stock Market Sheds N812bn In May

Stock Market Sheds N812bn In May       The rally witnessed in the equities market in April was halted in May as rising yields in the fixed income securities market reduced demand by investors. Owing to this, the market, which gained N418 billion in April, depreciated further by...