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.
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.
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.
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.
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.
Profit-takings in Large Cap Stocks Drag Market Performance
Profit-takings in large cap or highly capitalised stocks drag the Nigerian stock market performance Tuesday ahead of the Central Bank of Nigeria’s primary market auction (PMA).
Onyema Completes Tenure as Nigerian Stock Exchange Chief Executive
The Nigerian Stock Exchange (NSE) says Mr Oscar Onyema has completed his tenure as its Chief Executive Officer (CEO) after a 10-year period.
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..
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.
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.
