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Equity Market Ends Downturn, Records Marginal Gain

Equity Market Ends Downturn, Records Marginal Gain       Transactions on the floor of the Nigerian Stock Exchange on Tuesday recorded marginal gain to halt four days losing streak. The market breadth closed positive with 18 losers against 15 gainers. Consequently, the All-Share Index gained 6.55 basis points or...

Equity Market Extends Downturn With N41bn Loss

Equity Market Extends Downturn With N41bn Loss       Transactions in the Nigerian equity market on Monday closed negative, as losing streak extended to the fourth consecutive trading days, following sell-off on some high valued stocks. However, the market breadth closed negative, recording 13 gainers and 16 losers. Consequently,...

Investors Gain N297bn As 36 Stocks Push Market Higher

Investors Gain N297bn As 36 Stocks Push Market Higher       Investors in the Nigerian equity market gained N297bn on Monday as 36 firms recorded price appreciation at the end of trading. The equity market sustained its positive outlook as the Nigerian Stock Exchange All-Share Index and the...

Oil, Gas Stocks Record N56bn Loss In One Month

Oil, Gas Stocks Record N56bn Loss In One Month     Oil and gas firms listed on the main and premium boards of the nation’s equity market reported a loss of about N56.19bn last month as spending in transportation declined considerably over coronavirus pandemic. Checks by our correspondent...

Investors Shun Cheap Stocks In Nigeria – Report

Investors Shun Cheap Stocks In Nigeria – Report       Nigerian stocks are signalling better returns than less-risky local debt markets, where rates are at the lowest in a decade. Yet investors are shunning the opportunity, wary of a mix of domestic and external threats, according to Bloomberg. Trading...

Equity Market Gains N26bn On Blue-chip Firms

Equity Market Gains N26bn On Blue-chip Firms     The Nigerian equity market on Thursday remained on the uptrend following gains recorded by some blue-chip firms. The market breadth equally closed positive, recording 20 gainers against 10 losers as both market performance indices grew by 0.20 per cent. Consequently,...