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NGX News - Page 9

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

Profit-Taking Dips Nigerian Equity Market By 0.12% Amid Banking, Insurance Activity

Nigeria’s equity market moved further into negative territory on Tuesday, declining by 0.12 percent as investors took profits in several stocks, including International Energy, UPDC, Unity Bank, and Chams. This drop follows a record negative start to the week, with market watchers

June 5, 2024

Business·Markets·News

Equity Market Sees Decline As Nigerian Exchange Loses N102 billion

The Nigerian Exchange witnessed a loss on Monday, shedding N102 billion in equity market. This downturn was primarily driven by declines in key stocks such as First Bank of Nigeria Holdings, Seplat Energy, and Transcorp. The All-Share Index dropped by 0.18 per

June 4, 2024

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Business·Markets·News

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 per cent, closing at N56.17 trillion and 99,300 points, respectively.

June 3, 2024

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 1.73% increase, while the Market Capitalisation rose to N56.172 trillion.

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 at 99,276.03 points, while the market capitalisation reached N56.16 trillion.

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 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

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NGX News - Page 9

Profit-Taking Dips Nigerian Equity Market By 0.12% Amid Banking, Insurance Activity

Equity Market Sees Decline As Nigerian Exchange Loses N102 billion

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

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