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Daily stock market report

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Nigeria’s Equity Market Dips As Oando, Nascon, Others Pull Back On Key Stocks

Nigeria’s Equity Market Records Minor Dip Amid Profit-Taking The Nigerian equity market witnessed a slight decline on Wednesday as investors opted to sell off shares in some major companies, causing the All-Share Index (ASI) to dip by 0.07 percent. This drop was

August 22, 2024

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

Nigerian Equity Market Continues Downward Trend, Losing N847bn In 2 Weeks

Nigerian Equity Market Faces Extended Downtrend The Nigerian equity market continued its downward trend for the second consecutive week, losing a staggering N847.03 billion due to widespread sell-offs. This ongoing decline is raising concerns among investors and market analysts alike. Equity Market

August 19, 2024

Business·Markets·News

Nigeria’s Equity Market Faces Continued Decline As Investors Lose N108bn

Third Consecutive Decline in the Equity Market Nigeria’s equity market continued its downward trend on Wednesday, marking the third consecutive day of losses. The market recorded a 0.14 per cent decrease, reflecting the ongoing cautious approach of investors. “Investors are clearly on

August 15, 2024

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Business·Markets·News

Equity Market Begins July With 0.04% Decline

Opening the Month with Cautious Optimism Nigeria’s equities market began the new month on a slightly lower note, decreasing by 0.04 percent at the close of trading on Monday, July 1. This decline resulted in investors losing approximately N21 billion by the

July 2, 2024

Business·Markets·News

Nigeria Stock Market Sees Modest Gains Amid Light Trading

Market Records Positive Session Nigeria’s stock market experienced a modest gain in a session marked by lighter trading. The market rose by 0.01 per cent, equivalent to a N6 billion increase, driven by investor interest in Seplat Energy, Cutix, United Capital, and

June 28, 2024

Business·Markets·News

Equity Market Dips By 0.09% As Oando, Honeywell, Others Sell-Off Shares

Market Performance Overview Nigeria’s equity market saw a decline of 0.09 per cent on Tuesday, driven by significant sell-offs in shares of companies such as Oando, Honeywell Flour Mills, University Press, Academy Press, and UPDC. The All Share Index (ASI) and market

June 26, 2024

Business·Markets·News

Nigerian Equity Market Faces Pressure Amid Sell-Off, New Investment Opportunities

Market Decline as Trading Week Opens The Nigerian equity market experienced a downturn on Monday, with more investors on the sell-side. This negative trend caused a 0.09 percent dip, pulling the year-to-date (YtD) return down to 33.28 percent. The Nigerian Exchange Limited

June 25, 2024

Business·Markets·News

Nigeria’s Equity Market Sees N103bn Loss To End The Holiday Shortened Week

Equity Market Drops 0.18% in Holiday-Shortened Week Nigeria’s equity market experienced a slight decline of 0.18 percent, equating to a N103 billion loss, in the holiday-shortened trading week ending Friday, June 21. This drop occurred despite positive movements in oil & gas,

June 22, 2024

Business·Markets·News

Equity Market Gains N259bn In 4th Consecutive Rally

The equity market continued its upward momentum on Thursday, marking the fourth consecutive trading day of gains, with investors earning approximately N259 billion. The Nigerian Exchange’s benchmark index rose by 0.46%, closing at 99,276.03 points, while the market capitalisation reached N56.16 trillion.

May 31, 2024

NGX stock market. Photo credit: TheCable

Business·Markets·News

NGX Reports Sharp Decline In Equity Market Transactions For April 2024

The Nigerian Exchange Limited (NGX) has announced a drop in total domestic and foreign portfolio transactions in Nigeria’s equity market for April 2024. The total transactions amounted to N346.23 billion, a decrease from the N538.54 billion recorded in March 2024. This information

May 28, 2024

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Daily stock market report

Nigeria’s Equity Market Dips As Oando, Nascon, Others Pull Back On Key Stocks

Nigerian Equity Market Continues Downward Trend, Losing N847bn In 2 Weeks

Nigeria’s Equity Market Faces Continued Decline As Investors Lose N108bn

Equity Market Begins July With 0.04% Decline

Nigeria Stock Market Sees Modest Gains Amid Light Trading

Equity Market Dips By 0.09% As Oando, Honeywell, Others Sell-Off Shares

Nigerian Equity Market Faces Pressure Amid Sell-Off, New Investment Opportunities

Nigeria’s Equity Market Sees N103bn Loss To End The Holiday Shortened Week

Equity Market Gains N259bn In 4th Consecutive Rally

NGX Reports Sharp Decline In Equity Market Transactions For April 2024

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