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NGX: Market Capitalisation Drop By N1.6trn In April

NGX: Market Capitalisation Drop By N1.6trn In April   Despite some very impressive 2022 corporate earnings and dividend payout to shareholders of quoted companies, investigations has revealed that market capitalisation of the Nigerian Exchange Limited (NGX) fell N1.580 trillion at the end of transactions in April. Although...

Stock Market Depreciated By N1.01trn In April

Stock Market Depreciated By N1.01trn In April   The stock market of the Nigerian Exchange Limited (NGX) depreciated by N1.01trillion or per cent in April 2023 amid impressive 2022 financial year corporate earnings and dividend payout to shareholders by listed companies. Although the stock market has gained...

Stock Market Profit Rises to N75bn

Stock Market Profit Rises to N75bn   The Nigerian Exchange Limited on Thursday continued its upward movement with a N75bn gain for investors. The All-Share Index moved up by 0.26 per cent or 138.26 base points to 52, 235.88. Similarly, the market capitalisation appreciated by 0.26 per...

Stock Investors Lose N601bn As Sell-off Persists In Market

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

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

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...