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NGX News - Page 6

Oando Plc's Share Price Rise By %1,286% In One Year, Market Cap Crosses N1trn

Oando Share Price Rises By 1,286% In One Year, Market Cap Crosses N1trn

Oando Plc has made a climb on the Nigerian Exchange Limited (NGX), reflecting a 1,286 per cent gain in its share price from September 4, 2023, to September 2, 2024. The stock closed at N84.55, up from N6.10 just a year earlier.

September 3, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigeria’s Equity Market Rallies, Conoil, Oando Lead Gains In September’s First Trading Day

Opening of September Trading in Nigeria’s Equity Market Nigeria’s equity market kicked off September on a positive trajectory, closing Monday’s trading session with a notable rise of 0.22 per cent. This gain translated into an increase of N124 billion, underscoring the resilience

September 3, 2024

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

Business·Markets·News

Nigeria’s Equity Market Records 0.08% Decline In August As Investors Shift Focus Amid Economic Optimism

Equity Market Sees August Decline The Nigerian equity market witnessed a notable decline in August, with the All-Share Index (ASI) dropping by 0.80%. Investors saw their portfolios shrink by approximately N33 billion, as profit-taking activities on the Lagos Bourse outweighed bargain hunting.

August 31, 2024

Business·Markets·News

Nigeria’s Equity Market Rise By 0.21% As Investors Eye Key Stocks

Equity Market Gains Momentum Amidst Investor Interest Nigeria’s equity market experienced a slight rise of 0.21% on Thursday, as investor interest in key stocks such as Julius Berger, Oando, and Eterna led to a positive close. This uptick came after the previous

August 30, 2024

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Business·Markets·News

Nigeria’s Equity Market Declines By 0.32% As Investors Shift To Risk-Averse Strategy

Market Records First Negative Close This Week Nigeria’s equity market experienced its first negative close this week as investors adopted a more cautious approach. On Wednesday, the market decreased by 0.32%, shedding N176 billion in value. This decline is a response to

August 29, 2024

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

Business·Markets·News

Banks’ Recapitalisation Drives 44% Surge In Nigeria’s Equity Market

Banks’ Recapitalisation Spurs Market Growth The ongoing banks’ recapitalisation exercise has significantly impacted Nigeria’s equities market, with transactions surging by 44% in the first seven months of 2024. Deals on the Nigerian Exchange Limited (NGX) from January to July 2024 were N941.62

August 28, 2024

Business·Markets·News

Nigeria’s Equity Market Dips By 1.16% Amidst Profit-Taking, Bargain Hunting

In the trading week ending on Friday, August 23, Nigeria’s equity market saw a decline of 1.16%, reflecting a complex interplay of profit-taking and bargain hunting activities. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) experienced a further dip during the week,

August 24, 2024

Business·Markets·News

Nigeria’s Equity Market Declines As Investor Sentiment Weakens Further

Equity Market Suffers Continued Decline Nigeria’s equity market continued its downward trend on Thursday, dropping by 0.12 percent as investor sentiment weakened. The market saw significant sell pressure, particularly in key stocks like Transcorp Hotels Plc, which led to notable declines. Major

August 23, 2024

Business·Markets·News

Nigerian Stock Market Rebounds With 0.12% Gain Amid Investor Optimism

Nigerian Stock Market Sees Positive Turnaround After several days of decline, the Nigerian stock market witnessed a modest recovery on Tuesday, with the NGX All-Share Index (ASI) rising by 0.12%. Investors gained a total of N67 billion, helping to offset some of

August 21, 2024

NGX stock market. Photo credit: TheCable

Business·Markets·News

Nigeria’s Equity Market Declines By 1.51% As Profit-Taking Hits Industrial, Banking Stocks

Equity Market Experiences Downturn Amid Profit-Taking Nigeria’s equity market witnessed a significant drop last week, with the All-Share Index (ASI) declining by 1.51 per cent. The market’s downward shift was primarily driven by profit-taking activities, particularly in the industrial and banking sectors.

August 17, 2024

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NGX News - Page 6

Oando Share Price Rises By 1,286% In One Year, Market Cap Crosses N1trn

Nigeria’s Equity Market Rallies, Conoil, Oando Lead Gains In September’s First Trading Day

Nigeria’s Equity Market Records 0.08% Decline In August As Investors Shift Focus Amid Economic Optimism

Nigeria’s Equity Market Rise By 0.21% As Investors Eye Key Stocks

Nigeria’s Equity Market Declines By 0.32% As Investors Shift To Risk-Averse Strategy

Banks’ Recapitalisation Drives 44% Surge In Nigeria’s Equity Market

Nigeria’s Equity Market Dips By 1.16% Amidst Profit-Taking, Bargain Hunting

Nigeria’s Equity Market Declines As Investor Sentiment Weakens Further

Nigerian Stock Market Rebounds With 0.12% Gain Amid Investor Optimism

Nigeria’s Equity Market Declines By 1.51% As Profit-Taking Hits Industrial, Banking Stocks

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