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.
NASD Security Exchange Falls to N990 Billion
NASD Security Exchange Falls to N990 Billion
Stock market loses N13bn in bearish trading
Trading on the nation’s bourse again ended negative on Wednesday as market capitalisation lost N13 billion or 0.05 per cent to close at N26.657 trillion against N26.670 trillion on Tuesday.
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.
NGX Lost N134bn as Investors Dump Airtel Shares
The equity segment of the Nigerian Exchange (NGX) on Tuesday pulled back from making further trajectory again, losing N134 billion..
Market Index Spikes as Equities Investors Gain N93bn
The equities segment of the Nigerian Exchange (NGX) gained more than N93 billion on Wednesday amidst increased bargain hunting on stocks with strong fundamentals and liquidity.
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.
Geregu Power Market Value Jumps By 296% in 13-Month
The share price of Geregu Power Plc steadied over the last seven trading sessions in the stock market. The company share peaked at N395.50, a steep increase from a listing price of N100 in Oct 2022. This translates to a more than 295% increase since October 2022 when it was listed.
NGX Gains N25bn, Market Cap Crosses N39T
The Nigerian Exchange (NGX) popped higher on Thursday amidst a prediction that the local bourse would hit N40 trillion before the year runs out. Yesterday, the equities market capitalisation crossed N39 trillion as investors continue to engage in share buying amidst uncertainties in the economy.
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.
