Stock Investors Lose N601bn As Sell-off Persists In Market   The weak sentiment in the equities (stock) market and the accompanying sell-off persisted last week with investors losing N601.29 billion. Particularly, the market capitalization (market value) of all listed equities (shares) fell to N28.268 trillion from N28.869...

Market Closes Flat After Bearish Trend   The Nigerian Exchange Limited closed flat on Wednesday following days of bearish trading. At the end of the trading, the All-Share index settled at 51,953.41 points. Consequently, year-to-date returns came in at 1.37 per cent while market capitalisation stood at...

Fed Govt, Others List N318.52bn Securities On NGX   The Nigerian Exchange (NGX) recorded new listings of about N318.52 billion in the first quarter. The new listings included equities, fixed income, mutual funds and derivatives. The X-Compliance Report of the NGX, which tracks activities at the stock...

Stock Market Depreciates By N341bn Amid Profit-taking   The profit-taking continued to dominate the stock market of the Nigerian Exchange Limited (NGX) as the capitalisation down by N341 billion amid sustained negative investors’ sentiment. The NGX All Share Index (ASI) decreased by 626.14 basis points or 1.16...

In One Week, Stock Investors Record N13bn Loss   The Nigerian Exchange Limited closed lower last week as investors took stock of the hike in the Monetary Policy Rate by the Monetary Policy Committee of the Central Bank of Nigeria and continued with their profit-taking. At the...

Market Rebounds, Investors Gain N10bn After Bearish Run   The bearish run of the Nigerian Exchange Limited was halted on Tuesday as the market rebounded with N10bn gain for investors. The equities market capitalisation appreciated by 0.03 per cent to N29.909tn, the same percentage as the All...