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Gains In Highcap Stocks Lift Capitalisation By N356bn

Gains In Highcap Stocks Lift Capitalisation By N356bn     Following gains recorded by most highly capitalised (highcap) stocks, transactions on the Nigerian Exchange Limited (NGX) reversed negative sentiments to close in an upbeat yesterday as market capitalisation appreciated by N356 billion. At the close of trading, the...

Stock: Investors Lose N113bn As #EndSARS Crisis Deepens

Stock: Investors Lose N113bn As #EndSARS Crisis Deepens         The Nigerian bourse on Wednesday closed lower to reverse the previous day’s gain as bears regained their grip following fear of insecurity arising from #EndSARS protest that degenerated into mayhem across the country. Hoodlums had set some key...

Stock Market Rises Further As Investors Gain N94bn

Stock Market Rises Further As Investors Gain N94bn   The nation’s stock market closed higher on Wednesday as 25 firms saw their share prices rise at the end of trading. Investors gained N94bn as the Nigerian Stock Exchange All-Share Index and market capitalisation increased by 0.74 per...

Stocks Reverse Gains, Investors Lose N115bn

Stocks Reverse Gains, Investors Lose N115bn   Investors lost a total of N115bn on Thursday as the nation’s stock market closed in the red amid profit-taking activities. The Nigerian Stock Exchange All-Share Index declined by 0.89 per cent as market breadth closed negative with only seven gainers...

Stock: Consumer Goods Firms Lose N923bn In Q1

Stock: Consumer Goods Firms Lose N923bn In Q1     Investors in consumer goods companies quoted on the nation’s stock market lost about N923bn in the first quarter of the year following market apathy as COVID-19 pandemic began to take a toll on the economy. The market sentiment...

Stock: Investors Lose N21bn Amid Selling Pressure

Stock: Investors Lose N21bn Amid Selling Pressure     The nation’s stock market, on Thursday, pared most of the gain recorded the previous day as investors sold off shares. The market breadth closed negative as nine firms, led by C&I Leasing Plc, emerged gainers, compared to 10 losers,...