Investors’ Appetite Remains Weak, Stock Market Sheds N547bn   The Nigerian equities market sustained its downward trend, recording the largest single week decline since September 2018. Despite an increase in value and volume trading, the Nigerian Stock Exchange (NSE) depreciated by 4.6 per cent to close...

In Just Three Days, Stock Market Investors Lose N528bn   Investors in the nation’s stock market lost a total of N528bn in the last three consecutive days of trading on the floor of the Nigerian Stock Exchange. The market capitalisation, which opened the week at N11.672tn, shed...

Expert Highlights Factors Hindering Stock Market Growth   Policy implementation slowdown, sell-offs by foreign investors and the outcome of the 2019 elections are some factors affecting the growth of the stock market this first-half (H1) of the year, the Chief Economist and Advisory Partner at Pricewaterhouse...

Investors Lose N78.7bn As Sell Pressure Hits Stock Market   Sell pressure in the banking stocks – Guaranty (-3.7%), Stanbic (-5.2%) and FBNH(-2.4%) has seen investors lost N78.7billion in value as market capitalisation fell to N11.6trillion yesterday. It also dragged the benchmark index 67 basis points (bps)...

Foreign investors withdrew N55bn From Stock Market In February, Says NSE The Nigerian Stock Exchange has said foreign outflows from the stock market increased by 97.8 per cent from N27.81bn in January 2019 to N55.01bn in February. The NSE, in its latest foreign portfolio investment report,...

In One Month, Stock Market Investors Withdraw N61.67bn Foreign and domestic investors in the nation’s stock market pulled out a total of N61.67bn in January, the Nigerian Stock Exchange said on Monday. The NSE said foreign and domestic investors withdrew N39.04bn and N22.63bn respectively from the...