Banking and Insurance Stocks Boost NGX by N403bn
The Nigerian stock market extended its bullish momentum on Thursday as the Nigerian Exchange Limited recorded a gain of N403bn, driven by renewed investor interest in insurance and banking stocks.
At the close of trading, the market capitalisation...
Stock Market Plunges, Loses N491bn in One Week
The Nigerian Stock Market ended the week bearish on Friday, with investors recording a loss of N491 billion.
Market capitalisation declined by N491 billion or 0.64 per cent, closing at N75.962 trillion from N76.453 trillion on Thursday.
Similarly, the...
NGX Loses N274bn as Equities Decline
The Nigerian Exchange Limited (NGX) recorded a negative outing on Thursday as equities lost N274bn in market value, driven by widespread sell-offs in mid- and large-cap stocks.
At the close of trading, the benchmark All-Share Index of the Nigerian Exchange...
Market Capitalization Drops to N65.8trn on NGX
The Nigerian Exchange Limited (NGX) recorded a decline in market capitalisation at the close of trading on Thursday, as the All-Share Index dropped marginally by 0.05 per cent.
The total market capitalisation fell to N65.8tn, reflecting a weaker investor...
NGX Reverses Trend with N216bn March Gain
The Nigerian Exchange Limited (NGX) recorded its first gain in March as renewed investor interest drove the market capitalisation up by N216bn.
Following the day’s gain, the total market capitalisation of the equity market now stands at N66.9tn.
At the...
