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Stock Market Begins 2019 Q4 With N153bn Loss

Stock Market Begins 2019 Q4 With N153bn Loss   The nation’s stock market has begun the last quarter of the year with N153bn loss as banking, oil and gas and consumer goods stocks pushed the market performance lower. Trading resumed on the floor of the Nigerian Stock...

In 2019 Q3, Stock Market Recorded N245bn Gain

In 2019 Q3, Stock Market Recorded N245bn Gain   Despite persistent sell-offs and losses witnessed in the equities market recently, a total of N245bn net gain was recorded in the third quarter of the year. The market capitalisation of equities, which opened the third quarter at N13.250tn,...

Stock Market Sheds N39bn In Extended Losing Streak

Stock Market Sheds N39bn In Extended Losing Streak   The nation’s stock market has shed a further N39bn week-on-week as the losing streak extended. Last week, the market traded mostly negative, with three out of five sessions closing in the red. The All Share Index ended the week...

Stock Market Rebounds Gaining N51bn

Stock Market Rebounds Gaining N51bn   The nation’s stock market witnessed a rebound on Wednesday as investors gained N51.5bn on the back of price appreciation in May and Baker Nigeria Plc and 18 other stocks. At the end of trading on the floor of the Nigerian Stock...

Investors In Selling Spree After Market Loses N263bn

Investors In Selling Spree After Market Loses N263bn   Investors in the nation’s stock market have embarked on a selling spree as the market lost N263bn in five consecutive days. Higher sell pressures were seen in market bellwether stocks such as Nestlé Nigeria Plc, Cement Company of...

Investors Lose N27.6bn As Sell Pressure Dominates Market

Investors Lose N27.6bn As Sell Pressure Dominates Market   Sell pressure in the equities market dominated at the start of the week as investors counted losses totalling N27.6bn at the end of trading on the floor of the Nigerian Stock Exchange on Monday. The market capitalisation of...