Equity Market Begins July With 0.04% Decline
Opening the Month with Cautious Optimism Nigeria’s equities market began the new month on a slightly lower note, decreasing by 0.04 percent at the close of trading on Monday, July 1. This
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Nigerian Stock Market Soars To N2.42 Trillion As Investors Embrace Pro-Market Reforms
In a remarkable surge driven by intensified bargain-hunting for Nigerian equities, the Nigerian equities market has achieved a staggering total transaction value of N2.42 trillion in the first eight months of 2023.
Investors In Unity Bank, Ikeja Hotel, Others Lose N61.35bn In Stock Market Trading
In the stock market on Thursday, N61.35 billion was lost by investors in Unity Bank, Ikeja Hotel, and others on the losers’ list. This dragged the market capitalisation down by 0.18 per
Investors Lose N37 billion Due To Low Demand For Caverton, Stanbic IBTC, Others
The total valuation of equities in the Nigerian stock market dipped N37 billion on Thursday, to depreciate from N30.50 trillion to N30.46 trillion. It followed the All-Share Index’s path, which shed 67.93 basis
Stock Market Crashes Amid Political Tension Ahead Presidential Election
As the Presidential election nears, the Nigerian stock market halted Monday’s gain, losing N19.08 billion on Tuesday, 21 February 2023, amid heightened political tension. The loss dragged the market capitalisation down to N29.51
Zenith Bank, Access Corp Make Top Trade List, Stock Market Drops By 0.06%
Nigerian stock market capitalisation closed at N28.64 trillion on Friday, 20 January 2023, depreciating by -0.06 per cent from N28.66 trillion. Similarly, the All-Share Index fell to 52,594.68 after losing 31.74 basis points from the previous day’s
Stock Investors Gain N252.52 billion On Total, Berger, Other Shares
Friday’s trading session closed with the market valuation of the Nigerian Stock Exchange rising from N28.34 trillion to N28.60 trillion, after gaining N252.52 billion. The All Share Index also appreciated by 463.63 basis
Honeywell, Champion, Other Firms’ Investors Lose N134.25 billion, As Nigerian Bourse Crashes
The Nigerian Stock Exchange reported that the market capitalisation lost N134.25 billion on Tuesday, sending the bourse’s value down to N28.02 trillion from the previous day’s N28.15 trillion. Similarly, the All Share
Investors Pocket N192.71bn, As Nigerian Stock Exchange Rises By 0.69%
Investors closed trading on Friday with N192.71 billion gain, after the market capitalisation rose by 0.69 per cent from Thursday’s N27.70 trillion to N27.89 trillion. The growth was driven by the All Share
Investors Pocket N124.46 billion After One Day Stock Trading
On Wednesday, the Nigerian bourse appreciated by 0.4 per cent, adding N124.46 billion to stock investors’ vault. The gain was recorded on return from Christmas break and public holiday of Monday and
Investors Make N662.36 million Despite Nigerian Stock Market’s Sluggish Growth
Investors in Nigerian stock market pocket N662.36 million on Tuesday, after the market capitalisation grew sluggishly from N26.914 trillion to N26.915 trillion. Similarly, the All Share Index increased to 49,416.18 ASI after adding
PZ, Champion, Other Stock Investors Hit N45.35 billion In 1 Day
The market capitalisation rose to N26.86 trillion after the Nigerian Stock Exchange gained N45.35 billion on Friday, representing 0.16 per cent increment from Thursday’s N26.81 trillion equity cap. Note that the growth
Bulls, Bears In Deadlock As Honeywell Leads Losers List
Honeywell Flour led the losers’ chart on Thursday when trading ended in a deadlock between the bears and bulls as the total share price was down by -0.007 per cent. Market capitalisation
Stock Roundup: BUA Cement Leads Gainers, Dangote Cement Joins Losers’ List
After five days of trading on the Nigerian stock exchange, the bourse reported that investors traded over 598.817 million shares, worth N14.234 billion, in 15,859 deals this week. This figure contrasts with
5 Billionaire Investors Otedola, Ovia, Otudeko, Makanjuola, Adefisan Sell Over N88.14 billion Shares In 2022
Nigerian billionaire investors have been busy in the Nigerian stock market this year, selling off their shares for various reasons in the last ten months. Prime Business Africa tracked the market activities
Geregu Leads Gainers’ List, As Airtel Africa Top Losers’ In Nigerian Stock Market
The Nigerian stock exchange market capitalisation ended trading with N25.74 trillion, on the back of the All-Share Index which closed with 47,260.89 ASI. At the close of trading, investors exchanged N2.36 billion for over
Femi Otedola: Geregu List Shares On NGX, As Billionaire Eyes Acquisition Of New Power Plant
An electricity power plant company, Geregu Power Plc, has listed by way of introduction on the Nigerian Exchange Limited (NGX) to raise funds amid report of its expansion plan. Geregu Power, owned
Femi Otedola’s Geregu Power Plant To Go Public At N100 Per Share
Femi Otedola is reportedly set to list his electricity generation company, Geregu Power Plc, on the Nigerian Exchange (NGX), to allow the public become part owners by buying the company’s shares. Otedola
BUA Cement, Guinness, Other Investors Suffer N124.90 billion Loss As Nigerian Stock Market Falls
Nigerian Exchange declined by -0.4% to N26.53 trillion on Thursday, as investors lost N124.90 billion from Wednesday’s N26.53 trillion. The All-Share Index dragged down the market cap after shedding 231.57 basis points
Nigerian Bourse Halts Losses As Investors Gain N3.22 billion After Five Hours Of Trading
On Tuesday, the Nigerian stock market capitalisation gained N3.22 billion, rising to N26.67 trillion, from N26.66 trillion. This comes as the All-Share Index grew to 49,445.31 from 49,440.21 ASI, after gaining 5.1
ETranzact Lead Gainers, ABC Top Losers After Nigerian Stock Exchange Loses N18.89 billion
Over N18.89 billion was wiped from the market capitalisation on Monday, after the Nigerian stock market dipped -0.07 percent. Due to the loss, the equity capitalisation depreciated to N26.66 trillion from N26.68
Sell-off In UAC Nigeria, Vitafoam, Others Wipe Off N19.11 billion in Nigerian Stock Market
Nigerian stock exchange dip -0.07%, causing the equity capitalisation to lose N19.11 billion, as it depreciated to N26.72 trillion from N26.74 trillion on Thursday, amid sell-off in Vitafoam and UAC Nigeria. This
Over N27.93 billion Lost in Stock Market, After Sell Off In FTN Cocoa, AIICO, Others
The Nigerian stock market lost N27.93 billion in value after the market capitalisation dipped -0.10%, to close at N26.74 trillion from N26.768 trillion. All-Share Index dragged the market cap down after depreciating from
Multiverse Lead Gainers’ List, Beta Glass Top Losers, As Stock Market Crashes
Following about five hours of trading, the stock market dipped by -0.13 percent, knocking the market capitalisation down to N26.76 trillion on Monday. It was dragged down by the All-Share Index, which
Nigerian Stock Investors Lose N30 billion
Nigerian stock investors lost over N30 billion as the Nigerian Stock Exchange fell by -0.1 percent in market capitalisation that dropped to N26.96 trillion from N26.99 trillion. It was dragged down by
Stock Roundup: Sterling Bank, Fidelity Top Equities, As Investors Trade N12.92 billion Nigerian Stocks
Market report from the Nigerian Exchange Limited (NGX) disclosed that over 1.195 billion shares exchanged investors hands in 19,305 deals, worth N12.924 billion, this week. Investors increased their investment on the exchange
Investors Hit N104.54 billion As Guinness, Caverton, Others Raise Stock Exchange
The equity capitalisation of the Nigerian stock exchange rose to N26.88 trillion from N26.77 trillion on Wednesday, appreciating by 0.3 percent, which represents N104.54 billion growth. It followed the path of the
Nigerian Stock Market Capitalisation Falls To N26.61 trillion
Nigerian market capitalisation closed at N26.61 trillion, after the bourse depreciated by -0.05 percent on Monday, losing N13.99 billion from the previous day’s N26.62 trillion. The crash was on the back of
Stock Roundup: Prestige Lead Gainers, Japaul Gold Top Losers, As Investment Falls To N12.22bn
Investors exchanged 823.005 million shares in 17,482 deals, worth N12.228 billion this week, in contrast to the N13.547 billion they parted with last week to trade 1.511 billion shares in 20,074 deals.
Nigerian Stock Market Loses N110.48 billion On Sell-offs
Over N110.48 billion was lost on Tuesday after the market capitalisation fell to N27.81 trillion from N27.92 trillion, in response to sell off during trading. The equity cap was dragged down by
Caverton, Linkage Assurance Shares Soar, As Stock Market Gains N6.55 billion
Stock market rose 0.02% after close of business on Friday, resulting to the market capitalisation gaining N6.55 billion, to settle at N27.94 trillion, from N27.93 trillion. The growth was in response to the All Share Index closing at 51,829.67, rising by 12.07
Stock Market: Ikeja Hotels Leads Gainer’s List, UPL Tops Losers’
The capital market ended in a stalemate on Wednesday, with the market capitalisation settling at N27.92 trillion, down by -0.002%. The slight decline was driven by the All Share Index marginally dropping from 51,803.98 to 51,802.48. Over 416.46 million shares were exchanged
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