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Banking, Industrial Goods Lead As Stock Market Gains N15bn

Banking, Industrial Goods Lead As Stock Market Gains N15bn     The Nigeria stock market on Thursday closed marginally higher with a 0.13 per cent gain, halting the previous day’s negative sentiment. This followed bargain hunting on mostly banking and industrial goods sectors. The market breadth closed positive,...

Stock Market Gains N21bn, Reverses Previous Day’s Loss

Stock Market Gains N21bn, Reverses Previous Day’s Loss   The Nigerian equity market on Tuesday rallied 0.19 per cent to reverse previous day negative sentiment ahead of temporary closure of its trading floor that begins today. The market breadth closed positively, recording 19 gainers as against 10...

Stock Market Suffers N280bn Loss In A Week

Stock Market Suffers N280bn Loss In A Week   Equity trading on the floor of the Nigerian Stock Exchange closed last week on a negative note amid the spread of the global pandemic, COVID-19, in the country. The NSE All-Share Index and market capitalisation both depreciated by...

Stock: Dangote Leads Others To Sustain Market’s N85bn Loss

Stock: Dangote Leads Others To Sustain Market’s N85bn Loss   The Nigerian equity market on Tuesday extended negative sentiment with a loss of N85bn as Dangote Cement Plc and Nascon led other losers. However, the market breadth closed positive, recording 27 gainers against 12 losers. Consequently, the All-Share...

Stock: Investors Lose As 44 Firms Shed N457bn

Stock: Investors Lose As 44 Firms Shed N457bn     The nation’s stock market extended its decline on Thursday as 44 firms recorded price depreciation, causing investors to lose N457bn in value. Only three firms saw their share prices rise at the end of trading on Thursday. Transactions on...

Investors Count Losses As Stock Market Sheds N1.8trn

Investors Count Losses As Stock Market Sheds N1.8trn   It was a gloomy week for stock investors globally as the Coronavirus fears and slump in crude oil price push markets to their worst weekly performance since 2008 financial crisis. In Nigeria, the risk-off approach by some...