Equity market – Page 4 of 5 – Prime Business Africa

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Equity Market Sees Lowest Point Despite Bullish Start To 2024

The equity market faced a downturn on Tuesday as the benchmark index dropped to 97,473.98, a reversal from the bullish trend observed earlier this year. This decline marks a departure from the optimism that characterized the market’s performance in the first quarter

May 15, 2024

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

Business·Markets·News

NGX: Investors Lose N297bn As ASI Dips By 0.53%

Investors on the Nigerian Exchange Limited faced a tumultuous Monday, as the stock market witnessed a dip, resulting in a collective loss of N297 billion. The downturn was primarily propelled by declines in the share prices of key players such as Seplat,

May 14, 2024

NGX stock market. Photo credit: TheCable

Business·Markets·News

Equity Market Witnesses Decline As Analysts Predict Mixed Sentiment

Last week, the Nigerian equity market experienced a downturn, with the All-Share Index dropping by 1.36 percent to 98,233.76 points. This decline was accompanied by a 1.35 percent decrease in market capitalization, closing at N55.56 trillion. The market saw losses across several

May 13, 2024

Business·Markets·News

Equity Market Maintains Stability Despite Previous Downturn

Nigeria’s equity market held steady today, following a two-day period of declines. The Nigerian Exchange Limited (NGX) All Share Index (ASI) closed unchanged at 98,223.97 points, mirroring Tuesday’s figure, while the market capitalization dipped slightly from N55.554 trillion to N55.552 trillion, marking

May 9, 2024

Business·Markets·News

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

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

Business·Markets·News

NGX: Nigerian Equity Market Rebounds After N3.54trn Rise In April

After enduring a tumultuous April where it suffered a loss of N3.54 trillion, the Nigerian equity market has bounced back, marking its first weekly gain. Investors, seeking better returns, fueled this upward trajectory, shifting focus to alternative markets. The preceding weeks were

May 6, 2024

Business·Markets·News

Equity Market Sees Sell-Offs As Investors Lose N154bn

The equity market experienced a bearish trading session on Monday, with investors losing N154 billion due to a decline in 19 stocks, including Dangote Sugar, Secure Electronic Technology, and CAP. Despite more advancing stocks (25) than declining ones, the market sentiment remained

April 30, 2024

Business·Markets·News

NGX Sees 7th Day Of Losses, N304bn Equity Drop, FBN’s SWOOT Exit

The Nigerian Stock Exchange (NGX) witnessed another day of downturn, marking the seventh consecutive day of losses for investors. The NGX All-Share Index, a key indicator of market performance, took a hit, dropping by 537.44 points to close at 101,777.12 points. This

April 16, 2024

Business·Markets·News

NGX Investors Witness N220bn Loss Amidst Market Volatility

NGX Investors in the Nigerian equities market found themselves grappling with a loss of N220 billion as trading came to a close on Monday. This downturn was underscored by the dip in the share value of several entities, including Abbey Mortgage Bank,

April 9, 2024

Business·Markets·News

Volatile Week As Equity Market Sheds N623bn In Value

Last week, the equity market in Nigeria faced turbulence, losing N623bn in value as fund managers maneuvered their portfolios ahead of the impending first-quarter results. The market indices took a hit, with a decline of 1.08 percent, settling at 103,437.67 points, while

April 8, 2024

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Equity market - Page 4

Equity Market Sees Lowest Point Despite Bullish Start To 2024

NGX: Investors Lose N297bn As ASI Dips By 0.53%

Equity Market Witnesses Decline As Analysts Predict Mixed Sentiment

Equity Market Maintains Stability Despite Previous Downturn

NGX: Equity Market Dips As Investors Face N269bn Loss

NGX: Nigerian Equity Market Rebounds After N3.54trn Rise In April

Equity Market Sees Sell-Offs As Investors Lose N154bn

NGX Sees 7th Day Of Losses, N304bn Equity Drop, FBN’s SWOOT Exit

NGX Investors Witness N220bn Loss Amidst Market Volatility

Volatile Week As Equity Market Sheds N623bn In Value

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Equity market - Page 4

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