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Stock market daily report

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

Nigeria’s Equity Market Shows Resilience, Investors Reap N45bn Gains Despite Profit-Taking

Nigeria’s equity market showed resilience on Tuesday as it added N45 billion, despite some profit-taking activities. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation both rose slightly, closing at 96,873.74 points and N55.646 trillion respectively. This marked an increase

September 4, 2024

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

Business·Markets·News

Nigeria’s Equity Market Records 0.08% Decline In August As Investors Shift Focus Amid Economic Optimism

Equity Market Sees August Decline The Nigerian equity market witnessed a notable decline in August, with the All-Share Index (ASI) dropping by 0.80%. Investors saw their portfolios shrink by approximately N33 billion, as profit-taking activities on the Lagos Bourse outweighed bargain hunting.

August 31, 2024

Business·Markets·News

Nigeria’s Equity Market Declines By 0.32% As Investors Shift To Risk-Averse Strategy

Market Records First Negative Close This Week Nigeria’s equity market experienced its first negative close this week as investors adopted a more cautious approach. On Wednesday, the market decreased by 0.32%, shedding N176 billion in value. This decline is a response to

August 29, 2024

Business·Markets·News

Nigeria’s Equity Market Climbs 0.49% as Investors Respond to Q2 GDP Growth

Nigeria’s Equity Market Reacts to Positive Q2 GDP Report Nigeria’s equity market recorded its second consecutive day of gains on Tuesday, with the All-Share Index (ASI) rising by 0.49%, translating to a N272 billion increase in market capitalization. This growth is largely

August 28, 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·Markets·News

Stock Market Rallies With 0.30% Gains In Major Stocks

Investors Rejoice as Stock Market Rebounds Investors in the Nigerian stock market experienced a significant boost as the Lagos bourse rallied by 0.30 per cent on Monday. Remarkable gains were seen in stocks such as Ikeja Hotel, Cutix, RedStar Express, and Sunu

July 16, 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

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

UACN, Africa Prudential, Ikeja Hotel, Others Drive Equity Market Loss Of N114bn

Equity Market Sees a Downturn The Nigerian equities market experienced a decline on Tuesday, falling by 0.20% or N114 billion. This downturn was primarily due to investors selling shares of major companies such as UACN, Africa Prudential, and Ikeja Hotel. Daily and

July 10, 2024

Equities Market Sees 0.04% Decline To End Trading Week Amid Mixed Investor Sentiment

Business·Markets·News

Equity Market Sees 0.04% Decline To End Trading Week Amid Mixed Investor Sentiment

Slight Decrease in Equity Market Nigeria’s equity market ended the trading week on Friday, July 5, with a slight decline of 0.04 per cent. The mixed performance was in line with analysts’ expectations, as investors adopted opportunistic investment strategies. “Investors are cautiously

July 6, 2024

Business·Markets·News

Equity Market Maintains Positive Momentum, Rises By 0.23% Despite Low Activity

Positive Performance in the Nigerian Equity Market Nigeria’s equity market recorded a 0.23 per cent increase at the close of trading on Wednesday, marking the second consecutive positive trading session this week. The positive close comes despite a generally low market activity

July 4, 2024

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Stock market daily report

Nigeria’s Equity Market Shows Resilience, Investors Reap N45bn Gains Despite Profit-Taking

Nigeria’s Equity Market Records 0.08% Decline In August As Investors Shift Focus Amid Economic Optimism

Nigeria’s Equity Market Declines By 0.32% As Investors Shift To Risk-Averse Strategy

Nigeria’s Equity Market Climbs 0.49% as Investors Respond to Q2 GDP Growth

Stock Market Rallies With 0.30% Gains In Major Stocks

Equity Market Continues Decline As Seplat Energy Leads Fall

Nigerian Stock Market Closes Flat Amid Sell-Side Pressure

UACN, Africa Prudential, Ikeja Hotel, Others Drive Equity Market Loss Of N114bn

Equity Market Sees 0.04% Decline To End Trading Week Amid Mixed Investor Sentiment

Equity Market Maintains Positive Momentum, Rises By 0.23% Despite Low Activity

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