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Equity Investors Gain N13trn in 2023

Equity Investors Gain N13trn in 2023   The Nigerian Exchange Limited (NGX) closed with over 13tn gain for investors in the equity market. This gain nearly tripled the figure recorded in 2022, which stood at N5.619tn, after the market capitalisation closed at N27.915tn. At the close of the...

Pensioners’ Assets in Domestic, Foreign Stocks Rise by 59.6 % to N1.5trn

Pensioners’ Assets in Domestic, Foreign Stocks Rise by 59.6 % to N1.5trn   The Net Asset Value, NAV, of Nigeria’s pension money in the domestic and foreign stock market rose to N1.54 trillion as at the end September 2023, 9M’23, indicating a sharp increase of about...

Stock Investors Record N8bn Gain In One Week

Stock Investors Record N8bn Gain In One Week   The bullish trading experienced in recent times on the Nigerian Exchange Limited (NGX) slowed this past week, recording a gain of N8bn for investors. With market capitalisation ending at N35.994tn previous Friday, trading activities kicked off on a...

Oil, Gas Stocks Gain N355.8bn In Four Months

Oil, Gas Stocks Gain N355.8bn In Four Months   The unprecedented bull run recorded in the country’s stock market that resulted in over an N5 trillion increase in market capitalisation, coupled with the surge in global crude oil prices, impacted positively the oil and gas stocks...

Stock Exchange Records N3.4trn Listings In Q1, 2021

Stock Exchange Records N3.4trn Listings In Q1, 2021   The Nigerian Exchange (NGX) listed new securities worth about N3.4 trillion in the first quarter. The new listings included a $4 billion Eurobond issued by the Federal Government. Listing report provided by the NGX indicated that the issuances listed...

Indices Rise By N36bn After Renewed Bargain Hunting In 18 Stocks

Indices Rise By N36bn After Renewed Bargain Hunting In 18 Stocks   Following renewed bargain hunting in 18 stocks, the Nigerian Exchange Limited (NGX) reversed previous session losses to close upbeat, yesterday, as market capitalisation increased by N1 billion. The all-share index (ASI) inched higher by...