Business

Stocks market halts negative trend, gains N25bn amidst improved turnover

Ihesiulo Grace 9 September 2022 0

By Motolani Oseni The equities market of the Nigerian Exchange Limited (NGX) on Thursday halted its negative outing to close the fourth trading session of the week with a market capitalisation gain of N25 billion. At the close of yesterday’s trading activities, the NGX market

Business

Investors’ profit-taking down NGX by N139bn in one week

Ihesiulo Grace 11 July 2022 0

By Motolani Oseni Due to continued sell-off in some stocks by investors who are beginning to position for the earning season, the equities market of the Nigerian Exchange Limited (NGX), suffered a decline of N139 billion week-on-week (W-o-W) to close at N27.803 trillion. Also, the All-Share Index (ASI) shed 0.53 per cent at the close […]

Business

Domestic, foreign transactions on Nigerian exchange hit N1.506trn in 5 months

Ihesiulo Grace 23 June 2022 0

By Motolani Oseni The total value of domestic and foreign transactions on Nigerian Exchange Limited (NGX) for the first five months of the year 2022 has recorded a total sum of N1.506 trillion. This record shoots higher against N933.65 billion, which was the total transactions carried out by both domestic and foreign investors in the […]

Business

NGX extends losing streak as market cap sheds N551bn

Ihesiulo Grace 21 June 2022 0

By Motolani Oseni Equities market of the Nigerian Exchange Limited (NGX) yesterday closed the first trading session for this week in red, extending its losing streak for the fifth consecutive session as the market capitalisation declined by N551 billion to close at N27.363 trillion. Opening the week, the local bourse shed almost 2.00 per cent, […]

Business

NGX extends woes as market value declines by N197bn

Ihesiulo Grace 17 June 2022 0

By Motolani Oseni The equities market of the Nigerian Exchange Limited (NGX) on Thursday further extended its downward trend with a whopping decline of N197 billion in market capitalisation, due to investors’ profits taking in Airtel Africa and 21 other stocks. Specifically, the value of market capitalisation depreciated by N197 billion to close at N28.255 […]