Sell-off: Equity Market Declines by 0.09%, Sheds 37bn
The Nigerian equity market ended its four-day gains as the performance indices declined by 0.09 per cent due to a sell-off in Tier-one banking stocks.
NSE Reacts Negative as Monetary Authority Holds Key Rates
The Nigerian Stock Exchange (NSE) reacts negative with sell-offs as monetary authority holds key policy rates after two days demanding deliberations.
FLOURMILL is Doing Well, Dividend Seeking Investors Advised to Buy Stock
FLOURMILL is Doing Well, Dividend Seeking Investors Advised to Buy Stock. Flour Mills of Nigeria (FMN) Plc. is doing well in terms of profitability as equity analysts rated the stock buy. The stock is recommended to investors on the back of positive earnings outlook in the year as United Capital upgrade price target to ₦25.5.
Banking Stocks Drive Intraday Loss on Nigerian Exchange
Negative price movement in banking names has dragged the equities market capitalisation of the Nigerian Exchange (NGX) downward during the intraday trading session, Alpha Morgan Capital said in an update.
NGX: All-Share Index Hits 72,000 Mark
The All-Share Index (ASI), one of the performance indices of the equity market on Nigerian Exchange Ltd. (NGX), crossed 72,000 mark, increasing to 72,299.79 points on Wednesday.
Lafarge Balance Sheet Repair Turns Out Positive as Earnings Spikes
Lafarge Africa Plc. –WAPCO- 9-month of financial year 2020 showed that revenue performance turned out to be stronger
Stock Market Return Falls below Inflation as Investors Lost N868bn
Stockholders’ fortune declined strongly due to heavy selling rallies in the equities segment of the Nigerian Exchange (NGX) amidst earnings releases – which has apparently failed to raise buying sentiment.
FGN Bonds, T-Bills Yields Mixed as Naira Crashes
The average yield on fixed income market instruments diverge as the Nigerian naira crashed heavily in the Investors and Exporters foreign exchange (FX) window to N434.75 to a United States dollar.
NASD Security Exchange Falls to N990 Billion
NASD Security Exchange Falls to N990 Billion
Stock Market Rebounds by 0.7% Amid Buying Interest
The Nigerian Exchange Ltd. (NGX) on Friday gained N18 billion or 0.7 per cent as market capitalisation closed at N24.112 trillion from N24.094 trillion recorded on Thursday.
