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Stock market daily report - Page 2

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

Equity Market Records Positive Close As Stocks Show Mixed Performance

Nigeria’s equity market recorded its first positive close for the month on Tuesday, July 2, with a slight rise of 0.05 percent after a 0.04% decline from Monday trading as reported by Prime Business Africa. Stocks such as Fidson Healthcare, Jaiz Bank,

July 3, 2024

Business·Markets·News

NGX All-share Index Breaks Threshold As Oil, Gas Drive Gains

NGX All-share Index Surpasses Psychological Milestone The Nigerian stock market All-share Index (ASI) broke past the 100,000-point threshold as trading activity picked up momentum. The milestone was reached after the stock market recorded three consecutive days of positive sessions against two days

June 29, 2024

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

Business·Markets·News

Equity Market Gains N323bn As Key Stocks Soar

On Monday, the equity market experienced a boost, gaining N323 billion. This was primarily driven by the appreciation in the shares of Flour Mills Nigeria, Total Nigeria, Access Holding, and 27 other stocks. At the end of the trading day, the market

June 11, 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

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·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

Business·Markets·News

NGX: Investors Lose N297bn As ASI Dips By 0.53%

Investors on the Nigerian Exchange Limited faced a tumultuous Monday, as the stock market witnessed a dip, resulting in a collective loss of N297 billion. The downturn was primarily propelled by declines in the share prices of key players such as Seplat,

May 14, 2024

NGX stock market. Photo credit: TheCable

Business·Markets·News

Equity Market Witnesses Decline As Analysts Predict Mixed Sentiment

Last week, the Nigerian equity market experienced a downturn, with the All-Share Index dropping by 1.36 percent to 98,233.76 points. This decline was accompanied by a 1.35 percent decrease in market capitalization, closing at N55.56 trillion. The market saw losses across several

May 13, 2024

Business·Markets

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 to 59,014.85 index, rising by 13.89 basis points from last

June 19, 2023

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

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

June 8, 2023

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Stock market daily report - Page 2

Equity Market Records Positive Close As Stocks Show Mixed Performance

NGX All-share Index Breaks Threshold As Oil, Gas Drive Gains

Equity Market Gains N323bn As Key Stocks Soar

Equity Market Sees Decline As Nigerian Exchange Loses N102 billion

NGX: Equity Market Rally Continues For Third Day With N246bn Gain

NGX: Equity Market Continues Downtrend As Investors Lose N84bn

NGX: Investors Lose N297bn As ASI Dips By 0.53%

Equity Market Witnesses Decline As Analysts Predict Mixed Sentiment

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

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

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Stock market daily report - Page 2

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