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Equities investors lose N365bn as bearish sentiment persists for third week

BY MOTOLANI OSENI The domestic equities market extended its losing streak last week, shedding N365 billion as bearish sentiment and profit-taking pressured key indices. The decline, marking the third consecutive weekly loss, drove the market to a four-week low amid portfolio rebalancing and anticipation of further corporate earnings reports. Meanwhile, the All-Share Index
Business

Equities market rebounds, gains N228.74bn

By Temitope Adebayo The equities market of the Nigerian Exchange Limited (NGX) rebounded on Monday, as market capitalisation increased by N228.74billion to close at N29.54trillion. After the close of first trading day of the week, the Lagos bourse, also, recorded a benchmark Index gained of 0.78 per cent to close at 54,224.35 points. Renewed interest […]
Business

Equities market sustains upbeat mode, gains N52.5bn

By Temitope Adebayo The equities segment of the Nigerian Exchange (NGX) on Tuesday sustained its latest upbeat mode, gaining N52.54 billion, as investors show interest in cement, industrial, and insurance stocks. Trading data shows that the Nigerian Exchange All-Share Index (ASI) advanced by 0.2 per cent to 48,366.69 points, pushing the year-to-date return to 13.23 […]