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Stock Market Records N83bn Gain on Positive Trading

Stock Market Records N83bn Gain on Positive Trading   The Nigerian Exchange Limited (NGX) closed in the green zone on Monday, with N83bn added to the wealth of investors. This marked the third consecutive positive trading session in a market that had been marked by sell-offs and...

Investors Suffer N1.2tn Loss in Stock Market

Investors Suffer N1.2tn Loss in Stock Market Sell-offs in the stock market in the past week led to five days of consecutive losses for investors. At the end of the week, investors saw about N1.22tn shaved off their wealth. Analysts pinned the sell-offs in the market...

Stock Market Slumps, Investors Lose N847bn

Stock Market Slumps, Investors Lose N847bn Investors lost N847 billion in the stock market last week due to the negative impact of profit taking and selloffs on the Nigerian Exchange Limited. Consequently, the NGX market capitalisation, which represents the total value of investment on the Exchange,...

New Listing on NGX Boosts Market Cap by N105bn

New Listing on NGX Boosts Market Cap by N105bn   The new listing of 2,418,099,300 ordinary shares of 50 Kobo each per share of Notore Chemical Industries Plc on the daily official list of the Nigerian Exchange(NGX) boosted the market capitalisation of the local bourse to...

Investors Gain N2.1trn in Stock market

Investors Gain N2.1trn in Stock market The stock market sustained bullish trend last week as investors on the Nigerian Exchange Limited, NGX, gained N2.1trillion. Though the market recorded mixed sentiment, the gains outweighed the losses as the NGX market capitalisation, which represents the total value of...

Nigeria Stock Market Emerges Africa’s Best with 33.71% Gain

Nigeria Stock Market Emerges Africa’s Best with 33.71% Gain With a 33.71 percent gain in two months to February 29, Nigeria’s stock market has emerged as Africa’s best-performing stock market. After long periods of downturn, Nigeria’s bold economic reforms lifted equities market capitalisation by N13.79 trillion...