Stock market daily report

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

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

Fakoyejo Olalekan

11 months ago

NGX: Market Sees Bearish Turn In 2024 As ASI Plunges By 1.4%

Business·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

Fakoyejo Olalekan

11 months ago

Business·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

Fakoyejo Olalekan

11 months ago

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

Business·Markets

Nigerian Stock Market Records N19.84bn Share Transactions, Equity Cap Falls

Nigerian bourse fell by N7.50 billion or 0.02 per cent in value to N30.38 trillion after Monday’s session, slightly from Friday’s N30.39 trillion market capitalisation. The All-Share Index depreciated by 13.79 basis points

Fakoyejo Olalekan

11 months ago

Business·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

Fakoyejo Olalekan

11 months ago

External Reserves Fall To Two-Year Low, To Affect Tinubu’s N200/$1 Rate Ambition

Business·Markets

Investors Rush To Buy N15.79bn Nigerian Stocks After Tinubu’s Promise

Equity investors’ confidence in the Nigerian stock market was up on Tuesday, a day after Bola Tinubu was sworn-in as the President of Nigeria. Recall that Tinubu had promised that access to

Fakoyejo Olalekan

11 months ago

Business·Markets

Nascon, Conoil, Others Lift Stock Market Cap By N82.92 billion

Over N82.92 billion was gained by stock investors in Nascon, Conoil and others on Friday, after the equity capitlisation appreciated by 0.28 per cent. Prime Business Africa gathered that the gain pushed up

Fakoyejo Olalekan

11 months ago

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

Investors Lose N37 billion Due To Low Demand For Caverton, Stanbic IBTC, Others

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

Nigerian Stock Market Records N19.84bn Share Transactions, Equity Cap Falls

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

Investors Rush To Buy N15.79bn Nigerian Stocks After Tinubu’s Promise

Nascon, Conoil, Others Lift Stock Market Cap By N82.92 billion

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