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Daily stock market report - Page 2

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

NGX: Equity Market Dips As Investors Face N269bn Loss

The Nigerian Exchange Limited witnessed a decline in the equity market on Tuesday, with the All-Share Index dropping by 0.48%, settling at 98,228.50 points. This downtrend was propelled by losses incurred by FBN Holdings, Unity Bank, and Champion Breweries. Investors experienced a

May 8, 2024

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

Business·Markets·News

NGX: Investors Lose N252bn Amidst Bearish Nigerian Exchange Trend

The Nigerian Exchange witnessed a continuation of bearish trading on Thursday, leading to a loss of N252 billion for stock investors. This downturn marks a cumulative loss of approximately N467 billion since trading resumed after the Easter holidays. The market’s decline can

April 5, 2024

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Business·Markets·News

NGX Market Continues Decline As Investors Lose N62.21bn

For the second day straight, the Nigerian Equities Market (NGX) saw a downturn, leaving investors with a collective loss of N62.21 billion. The NGX-All Share Index (ASI) dropped to 104,553.31, down from the previous day’s 104,663.34. Market capitalization also took a hit,

March 19, 2024

NGX stock market. Photo credit: TheCable

Business·Markets·News

ASI Appreciate By 1.28% As Equities Gain N508 billion

In a thrilling display of market exuberance, the Nigerian Exchange Group (NGX) witnessed a surge today, with the All-Share Index (ASI) soaring to 73,397.71 points, marking 1.28% increase. The market’s bullish momentum propelled equities, bolstering the total market capitalization to an all-time

December 20, 2023

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets·News

FBN Holdings’ Losses Reverse SWOOT Club Entry As NGX Market Cap Dips To N39.1trn

The Nigerian Exchange Group (NGX) witnessed a dip in market capitalization, sliding to N39.103 trillion following a 0.49% decline. The reversal saw equities shedding N192 billion in value, marking a downturn from the previous day’s gains. The most striking shift came from

December 8, 2023

Business·Markets·News

First Bank’s Market Surge Leads NGX As ASI Appreciates By 0.78%

In an unprecedented surge, the Nigerian Exchange Group (NGX) witnessed an ascent in market indices today, highlighted by the All-Share Index (ASI) rallying by 0.78% to conclude at 71,808.64 points. This surge translated into equities gaining N472 billion, with the market capitalization

December 6, 2023

Business·Markets·News

Banking Sector Soars Despite N132B Market Cap Dip: First Bank Surges 10%

Despite a dip in market capitalization by N132 billion, today’s trading session witnessed a 0.17% rise in the All-Share Index, closing at 71,353.81 points. The positive sentiment primarily stemmed from robust performances in the banking sector, notably with FBN Holdings (FBNH) seizing

November 28, 2023

Business·Markets·News

NGX Wraps Week With 0.12% ASI Increase, ABC Transport Leads Losers

In the pulse of market fluctuations, the Nigerian Exchange (NGX) concluded the week on a modest upswing, marking a 0.12% surge in the All-Share Index (ASI).

November 18, 2023

Business·Markets·News

Oando, Mecure, Others Top Gainers As NGX Crosses 71,000 Mark

The Nigerian Exchange Group (NGX) breached the 71,000 mark, fostering a celebratory atmosphere among investors as the All-Share Index escalated by 0.25%, culminating in a closure at 71,014.34 points. This advancement not only signified the market’s resilience but also set a new

November 16, 2023

Business·Markets

Market Capitalization Declines To N38.793tn As ASI Dips By 0.34%

In an eventful trading day on the Nigerian Exchange (NGX), the latest entrant, Mecure Industries Plc, stole the spotlight by delivering an impressive performance, gaining 9.95% in value[ez-toc]. However, this glittering performance couldn’t shield the market from overall losses as the NGX

November 14, 2023

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Daily stock market report - Page 2

NGX: Equity Market Dips As Investors Face N269bn Loss

NGX: Investors Lose N252bn Amidst Bearish Nigerian Exchange Trend

NGX Market Continues Decline As Investors Lose N62.21bn

ASI Appreciate By 1.28% As Equities Gain N508 billion

FBN Holdings’ Losses Reverse SWOOT Club Entry As NGX Market Cap Dips To N39.1trn

First Bank’s Market Surge Leads NGX As ASI Appreciates By 0.78%

Banking Sector Soars Despite N132B Market Cap Dip: First Bank Surges 10%

NGX Wraps Week With 0.12% ASI Increase, ABC Transport Leads Losers

Oando, Mecure, Others Top Gainers As NGX Crosses 71,000 Mark

Market Capitalization Declines To N38.793tn As ASI Dips By 0.34%

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Daily stock market report - Page 2

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