NGX News – Page 8 of 20 – Prime Business Africa

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Nigerian Equity Market Sees Positive Week With N954 billion Gain

The Nigerian equity market had a positive performance last week, with investors gaining N954 billion. By the end of the week, the market capitalisation and the All-Share Index both increased by 0.02

Emmanuel Ochayi

June 3, 2024

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

Business·Markets·News

Nigerian Stocks End May With 1% Gain Despite Market Volatility

Nigerian stocks closed May with a surprise gain despite weeks of losses, driven by strong performances across multiple sectors. The NGX All-Share Index (ASI) ended the month at 99,300.38 points, marking a

Emmanuel Ochayi

June 1, 2024

Business·Markets·News

Equity Market Gains N259bn In 4th Consecutive Rally

The equity market continued its upward momentum on Thursday, marking the fourth consecutive trading day of gains, with investors earning approximately N259 billion. The Nigerian Exchange’s benchmark index rose by 0.46%, closing

Emmanuel Ochayi

May 31, 2024

Business·Markets·News

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

Emmanuel Ochayi

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 &

Emmanuel Ochayi

May 29, 2024

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

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

Emmanuel Ochayi

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

Emmanuel Ochayi

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

Emmanuel Ochayi

May 21, 2024

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

Emmanuel Ochayi

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

Emmanuel Ochayi

May 14, 2024

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NGX News - Page 8

Nigerian Equity Market Sees Positive Week With N954 billion Gain

Nigerian Stocks End May With 1% Gain Despite Market Volatility

Equity Market Gains N259bn In 4th Consecutive Rally

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%

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