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NGX News - Page 15

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

Business·News

NGX Reports Declines In Foreign Inflow In April As Outflows Surge

The value of foreign inflow on the Nigerian Exchange Limited (NGX) dropped by 19.14 percent in April to N42.58 billion from N52.66 billion in March. This was revealed in the Domestic & Foreign Portfolio Investment Report of the NGX for April. At

May 29, 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

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

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NGX News - Page 15

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

NGX Reports Declines In Foreign Inflow In April As Outflows Surge

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

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NGX News - Page 15

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