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NGX News - Page 16

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

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

NGX stock market. Photo credit: TheCable

Business·Markets·News

NGX: FBN Holdings, Others Emerge Top Gainer As Market Cap Grows By 1.46%

The Nigerian Exchange Group Plc (NGX) witnessed a rise in trading activity, with FBN Holdings Plc emerging as the top gainer. The financial institution’s shares experienced an increase of approximately N238.703 billion, despite the cancellation of its extraordinary general meeting (EGM) to

May 4, 2024

Business·Markets·News

Equity Market Sees Second Consecutive Day Of Gains, Investors Gain N303bn

The Nigerian equity market defied expectations on Thursday, May 2, 2024, as investors recorded gains for the second consecutive day. The market’s benchmark index appreciated by 0.55% to 98,762.78 points, driven by strong investor sentiment following recent earnings releases and corporate action

May 3, 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

Equity Market: Investors Lose N785bn In 1 Week As Market Closes In Red Zone

The Nigerian equity market experienced a significant decline in the past week, with investors losing a total of N785 billion in value. This marks the fourth consecutive week of negative trading on the Nigerian Exchange this April. “The bearish trend in the

April 29, 2024

Business·Markets·News

Nigerian Exchange: Equity Market Rallies As Investors Gain N26bn After Slump

The Nigerian Exchange’s All-Share Index rose by 0.05% after a protracted period of negative trade, providing investors with a gain of N26 billion. This outcome will provide relief to investors who have been experiencing losses lately. According to analysts, “The recent bearish

April 26, 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

Business·Markets·News

NGX Bearish Trend Continues Amidst Bank Recapitalization Plans

The NGX All-Share Index experienced a downward trajectory, reflecting investor concerns over the central bank’s proposed bank recapitalization strategies. Closing at 104,181.32 points, the index saw a decline of 336.82 points compared to the previous session. This marks the second consecutive day

April 4, 2024

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NGX News - Page 16

NGX: Equity Market Dips As Investors Face N269bn Loss

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

NGX: FBN Holdings, Others Emerge Top Gainer As Market Cap Grows By 1.46%

Equity Market Sees Second Consecutive Day Of Gains, Investors Gain N303bn

Equity Market Sees Sell-Offs As Investors Lose N154bn

Equity Market: Investors Lose N785bn In 1 Week As Market Closes In Red Zone

Nigerian Exchange: Equity Market Rallies As Investors Gain N26bn After Slump

NGX Investors Witness N220bn Loss Amidst Market Volatility

Volatile Week As Equity Market Sheds N623bn In Value

NGX Bearish Trend Continues Amidst Bank Recapitalization Plans

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