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Equity market - Page 3

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

Nigerian Equity Market Recovers With N144bn Gain

The Nigerian equity market bounced back from Tuesday’s loss with a significant gain of N144 billion on Thursday. The recovery was driven by notable performances from Nigerian Breweries, Unity Bank, NEM Insurance, and 27 other companies. After the Democracy Day holiday on

June 14, 2024

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

Business·Markets·News

Nigerian Equity Market Sees N92.32bn Loss Amid Mixed Performance

The Nigerian equity market experienced a notable decline on Tuesday, with losses amounting to N92.32 billion. This drop was primarily driven by dips in the stock values of National Salt Company, Thomas Wyatt Nigeria, and May & Baker Nigeria, along with 16

June 12, 2024

Business·Markets·News

Equity Market Dips As Investors Offload Key Stocks

The Nigerian equity market experienced a downturn on Thursday, failing to sustain the gains from the previous day. The market declined by 0.15 percent by the close of trading, reflecting earlier predictions of a mixed week for the equities market. Investors were

June 7, 2024

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Business·Markets·News

Nigeria’s Equity Market Sees First Gain Of The Week, Rises By 0.24%

Nigeria’s equities market recorded its first gain this week on Wednesday, as investors engaged in bargain hunting, pushing the market higher by 0.24%. This positive close came after two consecutive sessions of losses, despite some investors still having an unclear near-term outlook

June 6, 2024

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

Business·Markets·News

Profit-Taking Dips Nigerian Equity Market By 0.12% Amid Banking, Insurance Activity

Nigeria’s equity market moved further into negative territory on Tuesday, declining by 0.12 percent as investors took profits in several stocks, including International Energy, UPDC, Unity Bank, and Chams. This drop follows a record negative start to the week, with market watchers

June 5, 2024

Business·Markets·News

NGX: Equity Market Rally Continues For Third Day With N246bn Gain

The equity market extended its rally for the third consecutive day on Wednesday, with investors gaining approximately N246 billion. This increase was driven by notable performances from Abbey Mortgage Bank, the National Salt Company, First City Monument Bank, and 28 other gainers.

May 30, 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

Business·Markets·News

NGX: Equity Market Continues Downtrend As Investors Lose N84bn

The Nigerian equity market extended its losing streak on Thursday, shedding N84 billion in market capitalization. This decline was primarily driven by losses in Skyway Aviation Handling, NEM Insurance, and 26 other stocks. The All-Share Index (ASI) fell by 0.15% to 97,978.02

May 24, 2024

Business·Markets·News

Equity Market Rises 0.11% As Investors Flock To Nestle Nigeria Plc Ahead Of Annual Meeting

Nigeria’s equities market saw a modest gain of 0.11% on Tuesday, driven by heightened investor interest in Nestle Nigeria Plc. The company’s upcoming annual meeting on May 22 prompted increased buying activity, propelling the market to add N61 billion, marking its strongest

May 22, 2024

Business·Markets·News

Equity Market Gains N29bn As Investors Eye MPC Outcome

Nigeria’s equity market saw a marginal uptick on Monday, with gains of 0.05% amounting to N29 billion, as investors kept a keen watch on the ongoing Monetary Policy Committee (MPC) meeting. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) rose from 98,125.73

May 21, 2024

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Equity market - Page 3

Nigerian Equity Market Recovers With N144bn Gain

Nigerian Equity Market Sees N92.32bn Loss Amid Mixed Performance

Equity Market Dips As Investors Offload Key Stocks

Nigeria’s Equity Market Sees First Gain Of The Week, Rises By 0.24%

Profit-Taking Dips Nigerian Equity Market By 0.12% Amid Banking, Insurance Activity

NGX: Equity Market Rally Continues For Third Day With N246bn Gain

NGX Reports Sharp Decline In Equity Market Transactions For April 2024

NGX: Equity Market Continues Downtrend As Investors Lose N84bn

Equity Market Rises 0.11% As Investors Flock To Nestle Nigeria Plc Ahead Of Annual Meeting

Equity Market Gains N29bn As Investors Eye MPC Outcome

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Equity market - Page 3

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