SEC warns against infractions in capital market
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has stated that the Commission will enforce the full extent of the law against individuals and entities that engage in activities that violate established regulations in the capital market.
NGX key indicators drop further by 0.79% on profit-taking
Trading at the nation’s bourse extended a losing streak on Thursday, with key market indicators nosediving by 0.79 per cent following profit taking in UACN and Union Bank of Nigeria. Specifically, the All-Share Index lost 306.21 points or 0.79 per cent to close at 38,484.82 from 38,791.03 recorded on Wednesday. Accordingly, month-to-date gain moderated to […]
NGX: Capitalisation drops further by N6bn
Negative sentiments continued on the nation’s bourse on Wednesday with the market capitlisation dropping further by N6 billion following sell pressure of some blue chips. Speficially, the market capitalisation lost N6 billion or 0.03 per cent to close at N20.210 trillion compared with N20.216 trillion achieved on Tuesday. In the same vein, the All-Share Index […]
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 […]
MTNN lifts trading on NGX by 0.15%
Trading activities on the Nigerian Exchange rebounded on Wednesday with a gain of 0.15 per cent due to interest in MTN Nigeria Communications (MTNN). Specifically, the All-Share Index increased by 57.41points or 0.15 per cent to close at 38,564.70 from 38,507.29 achieved on Tuesday. Consequently, the month-to-date return increased to 0.3 per cent, while the […]
Investors lose N340bn on NGX in 1 day
Trading at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in Airtel Africa. Specifically, the market capitalisation, which opened at N20.409 trillion, dipped by N340 billion to close at N20.069 trillion. Also, the All-Share Index shed 648.99 points or 1.66 […]
NGX market indices up 0.10% in bullish trading
The bullish run in the local bourse persisted on Thursday with the key market indicators increasing further by 0.10 per cent. Consequently, the All-Share Index advanced by 39.15 points or 0.10 per cent to close at 39,210.10 from 39,170.95 recorded on Wednesday. Accordingly, month-to-date gain increased to 2.0 per cent, while year-to-date loss moderated to […]
