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NGX News - Page 12

NGX stock market. Photo credit: TheCable

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

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

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

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Business·Markets·News

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

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

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 Sees Slight Uptick as GTCO, Oando, Others Gain

Nigeria’s equity market ended Thursday’s trading session on a positive note, with a marginal increase of 0.03% or N22 billion. This slight gain was driven by investor interest in banking, insurance, and industrial goods stocks, despite profit-taking in consumer goods stocks. The

May 10, 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

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NGX News - Page 12

NGX Reports Sharp Decline In Equity Market Transactions For April 2024

NGX: Equity Market Continues Downtrend As Investors Lose N84bn

Equity Market Gains N29bn As Investors Eye MPC Outcome

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 Sees Slight Uptick as GTCO, Oando, Others Gain

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

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