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Stock market capitalisation

Over N535.37bn Gained By Shareholders In Dangote Sugar, Tantalizer, Others

September 1, 2023

In a report released by the Nigerian Exchange Limited (NGX), over N535.37 billion was gained in the stock market on Friday, following an increase in the value of shares of Dangote Sugar,

Business News·Markets

Nigerian Stock Market Record Highest Level In 15-years, Equity Cap Up N59.90bn

August 31, 2023

On Thursday, the Nigerian stock market hit an all-time high in 15 years, with the stock market rising by 0.16 per cent to achieve the feat. Based on stock market data, the

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business News·Markets

Investors In Stock Market Lost N27.80bn, As Equity Cap Record Steep Drop

August 30, 2023

Over N27.80 billion was lost in the Nigerian stock market on Wednesday as Ikeja Hotel, Transcorp Plc and some other equities suffered a decline in their share value. The loss dragged the

Business News·Markets

See List Of Gainers, Losers, As Stock Market Cap Hits N36.20trn

August 28, 2023

At the end of trading on Monday, the Nigerian stock market recorded an increase of about N320 billion in equity capitalisation, which is 1.14 per cent growth. This raised the stock market

Business News·Markets

Stock Market Records N4.23bn Investments, Bourse Cap Rises To N35.88trn

August 25, 2023

The capital market authority, the Nigerian Exchange Limited (NGX), revealed the bourse appreciated by 0.24 per cent or N85.97 billion on Friday. Following the increase, the Nigerian stock market capitalisation jumped from

Business News·Markets

FTN Cocoa, Redstar Express, Others Drag Stock Market Cap Down By N49.80bn

August 24, 2023

Over N49.80 billion was lost to selloffs in FTN Cocoa, Redstar Express and others on the losers’ list, dragging the stock market capitalisation down to N35.79 trillion on Thursday, from N35.84 trillion.

Stock Market Rally Halted As Demand For Ecobank, PZ Cussons Shares Dropped

Business News·Markets

ABC Heads Gainers’ List, Conoil Disappoints, As Stock Market Records Sluggish Growth

August 23, 2023

After trading closed on Wednesday, the Associated Bus Company (ABC) led the gainers’ table and Conoil topped the losers’ chart, with the Nigerian bourse rising by N2.26 billion in value. This was

Business News·Markets

Stock Market Cap Increases By N157.58bn, As Investments Rise

August 22, 2023

Following an increase in investment into the Nigerian stock market on Tuesday, the bourse’s capitalisation appreciated by 0.44 per cent or N157.58 billion. This was disclosed by the Nigerian Exchange Limited (NGX)

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business News·Markets

Eterna Tops Gainers, NEM Leads Losers After Stock Market Activities

August 16, 2023

On Wednesday, the stock market capitalisation in Nigeria settled at N35.36 trillion, with the All-Share Index closing trading at 64,625.28 ASI. At the end of trading on Wednesday, investors traded 291.71 million

Business News·Markets

Nigerian Bourse Crashes, Stock Market Cap Loses N58.47bn

August 15, 2023

Nigerian Stock Exchange crashed on Tuesday by 0.16 per cent or N58.47 billion, after the bourse’s capitalisation depreciated to N35.35 trillion, from Monday’s N35.41 trillion. The All-Share Index fell from 65,036.37 ASI

Business News·Markets

Eterna, Okomu Oil, Others Wipe Off N157.37bn From Nigerian Stock Market

August 14, 2023

Over N157.37 billion was lost during trading on Monday as shares of Eterna and Okomu Oil, amongst others fell, dragging the valuation of the Nigerian bourse down by 0.44 per cent. This

Business News·Markets

Nigerian Stock Market Records N541.84 billion Gain, Up By 1.54%

August 3, 2023

Nigerian Exchange Limited (NGX), the stock market authority, disclosed that the capitalisation ended trading with N35.51 trillion on Thursday. According to NGX, the bourse’s capitalisation appreciated from N34.97 trillion. This means the

Business News·Markets

Stock Market Cap Closes At N34.97trn, Investors Gain N40.9bn

August 2, 2023

Investors holding shares in Chams, Nascon and other equities on the gainers’ list made over N40.9 billion on Wednesday after the bourse closed at N34.97 trillion market capitalisation. The stock market capitalisation

Business News·Markets

N79bn Lost As Stock Investors Dump Ellah Lakes, John Holt, Others

August 1, 2023

The stock market capitalisation shed N79.08 billion after trading hours on Tuesday, which resulted in the bourse depreciating by 0.22 per cent. Consequently, the Nigerian bourse’s market capitalisation fell to N35.01 trillion,

Business News·Markets

Stock Market Investors Lose N391.19bn To Selloffs In Dangote Sugar, Others

July 31, 2023

Nigerian bourse recorded N391.19 billion loss on Monday after the stock market capitalisation fell to N35.01 trillion following selloffs in Dangote Sugar, Livestock, and others. Prime Business Africa gathered that the market capitalisation

Business News·Markets

Nigerian Bourse Closes Down, Loses N111.14bn After Trading Hours

July 27, 2023

The stock market capitalisation dropped to N35.63 trillion on Thursday, after losing N111.14 billion from the N35.74 trillion valuation reported on Wednesday. This followed the 204.25 basis points lost by the All-Share

Business News·Markets

Over N7.14bn Shares Traded, Cadbury Tops Stock Market Decliners’ List

July 26, 2023

The Nigerian Exchange Limited (NGX), the capital market authority, reported that the stock market capitalisation settled at N35.74 trillion on Wednesday. According to data obtained from the capital market authority, the All-Share

Business News·Markets

Stock Market Nets N584bn, GTCO Top Gainers’ List, Academy Leads Losers

July 21, 2023

Nigerian stock market capitalisation appreciated on Friday to N35.39 trillion. The bourse’s valuation rose by N584.08 billion from N34.81 trillion reported on Thursday. The All-Share Index gained 1,072.67 basis points to settle at 65,003.39

Business News·Markets

Investors Pocket N94.46bn In Nigerian Stock Trading

July 20, 2023

Investors in UPL, Ikeja Hotels and other equities on the gainers list pocketed N94.46 billion on Thursday after the market capitalisation rose from N34.71 trillion to N34.81 trillion. The All-Share Index inched higher

Business News·Markets

Over N97.57bn Lost To Selloffs In UAC Nigeria, Champion Brew

July 14, 2023

About N97.57 billion was lost in the Nigerian stock market on Friday, dragging the market capitalisation down to N34.06 trillion, from Thursday’s N34.16 trillion. This followed the 179.21 basis points drop in the All-Share

Business News·Markets

Nigerian Bourse Valuation Lifted By N555bn, First Bank, Wema Bank Top Trade

July 7, 2023

About N555.69 billion was added to the market capitalisation of the Nigerian stock exchange on Friday, raising the caqpitalisation by 1.64 per cent. This raised the bourse’s valuation to N34.32 trillion, from

Business News·Markets

Nigerian Stock Market Cap Up By N440.38bn, Learn Africa Leads Gainers

July 5, 2023

On Wednesday, 5 June, the Nigerian stock market capitalisation settled at N33.50 trillion, rising by 1.33 per cent. The day before, the market capitalisation ended trading with N33.05 trillion, indicating a growth

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business News·Markets

Over N467.95bn Gained In Nigerian Stock Market Trading

June 30, 2023

Nigerian stock market resumed trading on Friday with a 1.42 per cent increase in market capitalisation, after going on break for two days, Wednesday and Thursday, for the Eid-el-Kabir festive period. Prime

Business News·Markets

Transcorp Hotels, Ikeja Hotel, Others Record Gains, Stock Market Cap Up By N421bn

June 27, 2023

The Nigerian Exchange Limited (NGX) disclosed that the stock exchange appreciated by 1.30 per cent or N421.19 billion in value on Tuesday. According to the data obtained from NGX, this increased the

Business News·Markets

Stock Market Gainers Earn N71.94bn, Unity Bank, Cutix Among Losers’ List

June 26, 2023

The gainers in the stock market on Monday, 26 June, pocketed N71.94 billion, as the Nigerian bourse capitalisation increased from N32.23 trillion to N32.30 trillion. The All-Share Index grew by 129.25 basis points to

Business News·Markets

Over N4.09 billion Lost In Stock Market, Unity Bank Tops Losers’ List

June 23, 2023

Nigerian stock market capitalisation dipped by N4.09 billion on Friday, dropping from N32.24 trillion to N32.23 trillion. The All-Share Index slightly declined by 4.63 basis points to 59,206.63 ASI, from 59,211.26 ASI. Over 627.87 million

Business News·Markets

Investors In Unity Bank, Ikeja Hotel, Others Lose N61.35bn In Stock Market Trading

June 22, 2023

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

Nigerian Equity Market Records First Gain This Week

Business News·Markets

Nigerian Stock Market Value Up By 0.36%, Investors Made N116.48bn

June 21, 2023

Nigerian stock exchange closed high on Wednesday, with the equity capitalisation appreciating by 0.36 per cent to N32.30 trillion, from N32.18 trillion. Prime Business Africa understands that this represents a combined gain

Business News·Markets

Universal Insurance, Unity Bank, Other Investors Gain N10bn From Stock Trading

June 19, 2023

About N10 billion was gained by investors in the Nigerian stock market on Monday. This pushed the market capitalisation to N32.13 trillion, from Friday’s N32.12 trillion. Also, the All-Share Index moved up

Business News·Markets

Stock Market Investors Lose N430.10bn To Selloffs In Sunu, Cornerstone, Others

June 15, 2023

Over N430.10 billion was lost in the Nigerian stock market on Thursday, as the equity capitalisation fell from N32.66 trillion to N32.23 trillion. Also, the All-Share Index dropped to 59,195.21 ASI, losing 789.89 basis points from

Business News·Markets

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 points from the 56,024.52 ASI reported the previous day, to settle

June 8, 2023

Business News·Markets

Investors In Union Bank, Flour Mills, Others Lose N7.80bn In Stock Investments

About N7.80 billion was wiped off the Nigerian stock market on Wednesday, resulting in the equity capitalisation depreciating by -0.02 per cent. Consequently, the bourse’s capitalisation dropped to N30.50 trillion from N30.51 trillion. The All-Share Index dwindled to 56,024.52 ASI, shedding 14.33

June 7, 2023

Business News·Markets

Stock Market Investors Pocket N126.38 billion, Equity Cap Up 0.41%

Investors in Eterna, ETranzact and others on the gainers’ list made N126.38 billion at the end of trading on Tuesday, as the stock market capitalisation rose by 0.41 per cent, increasing from N30.38 trillion to N30.51 trillion. Also, the All-Share Index hit 56,038.85

June 6, 2023

Business News·Markets

Investors Trade N5.72bn Shares, Stock Market Cap Hit N30.38trn

On Thursday, the market capitalisation of the Nigerian stock exchange closed at N30.38 trillion, with the All-Share Index settling at 55,808.25 ASI. Investors exchanged N5.72 billion in 7,725 deals to trade 390.21 billion shares on Thursday. Top five gainers Conoil’s share appreciated

June 1, 2023

Business News·Markets

Nigerian Stock Exchange Slumps, Sheds N21.17 billion To Selloffs In Wema Bank, Others

The valuation of the Nigerian stock exchange depreciated slightly to N30.32 trillion on Wednesday, shedding N21.17 billion. According to the market data obtained from the Nigerian Exchange Limited (NGX), this is a 0.06 per cent decline when compared to Tuesday’s N30.34 trillion

May 31, 2023

Business News·Markets

Over N256.69 billion Wiped Off Stock Market, Ardova, Honeywell Investors Among Losers

Trading in the stock market on Thursday closed with the equity capitalisation dropping to N28.37 trillion, indicating N256.69 billion loss. Recall that the stock market capitalisation had closed at N28.63 trillion on Wednesday, which means it depreciated by -0.89 per cent. The

May 18, 2023

Seplat Energy, Total Lead List Of Highest Paying Companies In Nigeria

Business News·Markets

Stock Traders Earn N87.95 billion Despite Losses In Transcorp, Others

Nigerian Exchange Limited (NGX), the stock market authority, reported that the stock market capitalisation jumped to N28.63 trillion on Wednesday, 17 May. It grew by 0.31 or N87.95 billion, having closed trading the day before at N28.54 trillion market capitalisation. The All-Share

May 17, 2023

Business News·Markets

Stock Market Cap Increases By N10 billion Amid Gains In Oando, Transcorp

Over N10 billion was added to the stock market capitalisation on Monday, lifting the Nigerian bourse’s valuation to N28.44 trillion. During the previous trading session, the market capitalisation had closed at N28.43 trillion. This means the valuation rose slightly by 0.03 per cent.

May 15, 2023

Business News·Markets

Stock Market Cap Shrinks To N28.40 trillion, Ardova, MRS Report Gains

Over N26.03 billion was lost on Thursday, 11 May, following -0.09 per cent decline in the stock market capitalisation, which contracted to N28.40 trillion, from N28.42 trillion posted on Wednesday, 10 May. The All-Share Index moved downward from 52,209.06 ASI, after losing

May 11, 2023

Business News·Markets

Stock Market Hit N28.64 trillion Amid Rush For Conoil, Transcorp Shares

The stock market in Nigeria closed with N28.62 trillion market capitalisation on Tuesday, 9 May, against the N28.64 trillion reported on Monday, 8 May – it grew by 0.04 per cent or N14.09 billion. The All-Share Index inched higher from 52,579.52 ASI to 52,605.41

May 9, 2023

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