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In 7 Days, Stock Investors Lose N150bn

In 7 Days, Stock Investors Lose N150bn   Investors on the Nigerian Exchange Limited, suffered N150bn loss last week as bears dominated trading, halting consecutive weeks of upward movement. The dip was attributed to sell-offs and profit-taking in high-priced and blue-chip stocks. The market sentiment was also attributed...

Stock Market Maintains Downward Trend, Declines By N15bn

Stock Market Maintains Downward Trend, Declines By N15bn   The stock market of the Nigerian Exchange Limited (NGX) yesterday declined by N15 billion, maintaining downward trend over investors profit-taking in Geregu Power Plc and 23 others. The NGX All-Share Index (ASI) depreciated by 27.06 basis points or...

Stock Investors Lose N671bn As Equities Tumble

Stock Investors Lose N671bn As Equities Tumble   Stock investors recorded a significant loss of N671bn on Tuesday at the Nigerian equity market which had posted a strong start at the beginning of the second half of the year. The All-Share Index closed at 60,715.04 index points,...

Stock Investors Lose N674bn In Four-day Bearish Trading

Stock Investors Lose N674bn In Four-day Bearish Trading   Investors on the Nigerian Exchange Limited last week lost N674bn after four days of trading. The market opened for four trading days last week as the Federal Government of Nigeria declared Friday and Monday (today) as Public Holidays...

In Five Years, Nigerian Equities Market Attract $19.2bn Investment

In Five Years, Nigerian Equities Market Attract $19.2bn Investment   As foreign investors take a position in low-priced stocks, the Nigerian equities market attracted a total of $19.2 billion (N8.83 trillion) in Foreign Direct Investment between 2018 and 2022, a report by the National Bureau of...

NGX Records N318.5bn Of Listings In Q1, 2023

NGX Records N318.5bn Of Listings In Q1, 2023   The Nigerian Exchange Limited (NGX) has disclosed that the Exchange recorded N318.52bn of listings across its equities, fixed income, mutual funds and derivatives categories. According to the X-Compliance report, a transparency initiative of NGX designed to maintain market...