Nigerian investors lose N16bn in stock market
Nigerian equities, yesterday, opened the week, extending its losing streak for the seventh consecutive session as investors’ investment declined by N16 billion.
Bears resurface on NGX, indices down by 0.12%
Sentiments on the domestic bourse turned negative on Tuesday to halt the five consecutive days of gains, as the Central Bank of Nigeria (CBN) held all policy parameters unchanged. Specifically, the All-Share Index lost 46.93 points or 0.12 per cent to close at 38,802.15 from the 38,849.08 recorded on Monday. Consequently, the month-to-date gain moderated […]
NGX opens bullish after Sallah break with N330bn growth
The Nigerian Exchange (NGX) resumed from the Sallah holidays on Thursday bullish with the market capitalisation appreciating by N330 billion. Analysts said the price appreciation was buoyed by buy-interest in all the major market sectors with the exception of the insurance sector. Specifically, the market capitalisation inched higher by N330 billion or 1.67 per cent […]
NGX: Investors earn N42bn, as bulls resurface
The Nigerian Exchange (NGX) closed trading on Friday with a growth of N42 billion due to renewed confidence. Speficially, the market capitalisation inched higher by N42 billion or 0.21 per cent to close at N19.771 trillion from N19.729 trillion recorded on Thursday. Also, the All-Share Index, which opened at 37,866.90 rose by 80.28 points or […]
NGX closes red amid sell pressure
The Nigerian equities market closed red on Thursday following sell pressure in the shares of consumer goods sector. Specifically, the market capitalisation dropped N3 billion or 0.01 per cent to close at N19.729 trillion from N19.732 posted on Wednesday. Also, the All-Share Index lost 5.65 points or 0.01 per cent to close at 37,866.90 from […]
NGX: Capitalisation down by N1bn in cautious trading
The Nigerian stock market ended trading on Tuesday on a cautious note with the capitalisation dropping by N1 billion to extend the negative sentiment to four trading sessions. Specifically, the market capitalisation lost one billion naira to close at N19.724 trillion in contrast with N19.723 trillion on Monday. Also, the All-Share Index, which opened at […]
