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Equity market - Page 2

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

Nigeria’s Equity Market Climbs 0.49% as Investors Respond to Q2 GDP Growth

Nigeria’s Equity Market Reacts to Positive Q2 GDP Report Nigeria’s equity market recorded its second consecutive day of gains on Tuesday, with the All-Share Index (ASI) rising by 0.49%, translating to a N272 billion increase in market capitalization. This growth is largely

August 28, 2024

NGX stock market. Photo credit: TheCable

Business·Markets·News

Equity Market Sees Renewed Optimism Amid Positive GDP Growth

Equity Market Responds to Positive GDP Growth Nigeria’s equity market opened the week on a high note as investors responded positively to the latest economic data released by the National Bureau of Statistics (NBS). The Q2 2024 Gross Domestic Product (GDP) report

August 27, 2024

Business·Markets·News

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 Declines By 1.51% As Profit-Taking Hits Industrial, Banking Stocks

Equity Market Experiences Downturn Amid Profit-Taking Nigeria’s equity market witnessed a significant drop last week, with the All-Share Index (ASI) declining by 1.51 per cent. The market’s downward shift was primarily driven by profit-taking activities, particularly in the industrial and banking sectors.

August 17, 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

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Markets·News

Equity Markets Gain 0.17% Amid Renewed Investor Interest

Market Performance Nigeria’s equity markets saw their first gain this week, rising by 0.17% or N41 billion on Wednesday. The All Share Index (ASI) increased to 99,385.44 points, and the equities market capitalisation climbed to N56.221 trillion from the previous day’s lows

June 27, 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

Nigeria’s Equity Market Closes Flat As Investors Remain Cautious

For the first time in weeks, Nigeria’s equity market closed flat on Thursday, reflecting a wait-and-see attitude among investors. The Nigerian Exchange Limited (NGX) saw active trading in stocks such as FBN Holdings, Fidelity Bank, Transcorp, Access Holdings, and AIICO, with 1,299,961,984

June 21, 2024

Business·Markets·News

Nigerian Equity Market Suffers N47bn Loss Post Eid Holiday

Investors in the equity market experienced a notable loss of about N47 billion on Wednesday as the Nigerian Exchange resumed trading after the two-day Eid al-Fitr holiday. The market faced a bearish trend, with the All-Share Index and market capitalization falling by

June 20, 2024

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Equity market - Page 2

Nigeria’s Equity Market Climbs 0.49% as Investors Respond to Q2 GDP Growth

Equity Market Sees Renewed Optimism Amid Positive GDP Growth

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 Declines By 1.51% As Profit-Taking Hits Industrial, Banking Stocks

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

Equity Markets Gain 0.17% Amid Renewed Investor Interest

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

Nigeria’s Equity Market Closes Flat As Investors Remain Cautious

Nigerian Equity Market Suffers N47bn Loss Post Eid Holiday

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