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NGX News - Page 7

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

Nigeria’s Equity Market Faces Continued Decline As Investors Lose N108bn

Third Consecutive Decline in the Equity Market Nigeria’s equity market continued its downward trend on Wednesday, marking the third consecutive day of losses. The market recorded a 0.14 per cent decrease, reflecting the ongoing cautious approach of investors. “Investors are clearly on

August 15, 2024

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

Business·Markets·News

Nigeria’s Stock Market Faces Continued Decline Amid Investor Caution

Nigeria’s stock market experienced another decline on Tuesday, dropping by 0.50% or N279 billion as investors continued to retreat from equities on the Lagos Bourse. This marks the second day of losses in August, raising concerns about the market’s short-term outlook. Analysts

August 14, 2024

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

Finance & Economy·Markets

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

The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation further declined by 0.67 per cent at the close of stock market trading on Tuesday, 6th August 2024. This reflects about N371 billion loss. The market opened the week on

August 6, 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·Finance & Economy·Markets

Nigeria’s Equity Market Closes Week On Positive Note Despite Protests

The Nigeria’s equity market on Friday, August 2, defied the nationwide protest against bad governance, and ended the week on a positive note, gaining by 0.40 per cent. This is the first time it recorded gain during the week. The equity market

August 3, 2024

Business·Markets

NGX ASI Falls 0.31% As United Capital, Nestle Among Top Equity Losers

Nigeria’s equity market again experienced a decline on Tuesday as Nestle Nigeria, United Capital, Africa Prudential, Academy Press, and Thomas Wyatt emerged top 5 losers. Nestle Nigeria had a decline of N90, or 9.78 per cent, from N920 to N830. United Capital’s

July 31, 2024

Business·Markets·News

Equity Market Surges As Investors Eye Interim Dividends, Bonus Shares

Focus on Equities Market Action Nigeria’s equity market rebounded strongly on Thursday, rising by 0.47 per cent or N263 billion. This surge is attributed to corporate announcements, including interim dividends and bonus shares, which have bolstered investor confidence and buying activity. Interim

July 19, 2024

Business·Markets·News

Equity Market Continues Decline As Seplat Energy Leads Fall

Seplat Energy Takes a Hit Nigeria’s equity market experienced a downturn on Thursday, with a decline of 0.33 per cent, amounting to a loss of N188 billion. This drop was primarily driven by the performance of Seplat Energy Plc, a major player

July 12, 2024

Business·Markets·News

Nigerian Stock Market Closes Flat Amid Sell-Side Pressure

Market Overview The Nigerian stock market ended the trading session on Wednesday flat, despite significant sell-side pressure observed earlier in the week. The market closed without major changes as investors chose to sell off stocks in the banking, insurance, and oil &

July 11, 2024

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business·News

NGX Suspends Trading In Unity Bank, 7 Other Companies’ Shares

NGX Group has suspended trading in the shares of Unity Bank, Guinea Insurance, and six other companies for non-compliance with filing requirements for 2023. Other firms affected by the suspension include C&I Leasing Plc, Lasaco Assurance, Mutual Benefits Assurance, NPF Microfinance Bank,

July 9, 2024

Business·Markets·News

Equity Market Begins Week On Slight Dip Amid Mixed Sentiments

Market Overview Nigeria’s equity market opened the new week on a slightly negative note, dipping by 0.01 per cent. This movement came as investors sold consumer goods stocks despite engaging in bargain hunting within the banking, oil & gas, and insurance sectors.

July 9, 2024

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NGX News - Page 7

Nigeria’s Equity Market Faces Continued Decline As Investors Lose N108bn

Nigeria’s Stock Market Faces Continued Decline Amid Investor Caution

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

Nigeria’s Equity Market Closes Week On Positive Note Despite Protests

NGX ASI Falls 0.31% As United Capital, Nestle Among Top Equity Losers

Equity Market Surges As Investors Eye Interim Dividends, Bonus Shares

Equity Market Continues Decline As Seplat Energy Leads Fall

Nigerian Stock Market Closes Flat Amid Sell-Side Pressure

NGX Suspends Trading In Unity Bank, 7 Other Companies’ Shares

Equity Market Begins Week On Slight Dip Amid Mixed Sentiments

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