Investment analysts at Bancorp Securities Limited, a leading investment research and consulting services providers in Nigeria, have projected a flattish broad market performance of Nigeria’s equities market as investors are expected to sustain profit-making drives in their trading decisions. The experts recalled that in the previous week ended on a gleeful note with the assumption […]
Investment analysts at Bancorp Securities Limited, a leading investment research and consulting services firm, have predicted that trading sentiments in the Nigerian Exchange (NGX) this week will be mixed as fiscal and macroeconomic policy measures of the new administration will affect investor sentiment. The experts, in the firm’s ‘Weekly Stock Recommendations Jul 10 – Jul […]
The Nigerian equities market on Tuesday recorded an increase of N441 million as trading activities closed with a positive sentiment from investors. Data from the Nigerian Exchange (NGX) indicated that the All-Share Index (ASI) rose by 1.33% to end the day at 61,523.57 points, surpassing Tuesday’s record of 60,715.04 points. As expected, the market capitalization […]
The Nigerian equities market suffered serious pullback during Tuesday’s trading session as investors rev up profit taking drives that significantly waned the market’s value at the close of the trading session on the bourse. Data from the Nigerian Exchange Group (NGX) in the trading session indicated that the All-Share Index (ASI) closed at 60,715.04 index […]
Trading on the Nigerian Exchange (NGX) closed positive on Tuesday as bulls took over the control of the bourse’s trading session from bears that held sway in the previous day’s tradin session. Consequently, the All-Share Index (ASI) improved by 0.16% to close at 59,110.02 index points as against 59,014.85 index points recorded in the previous […]
Despite its impressive performance in the early days of trading this week, the Nigerian equities market closed negative on Friday as investors appeared to be bullish in their profit-taking sentiment driven primarily by the recent rallies by major stocks. Information from the Nigerian Exchange Group (NGX), the market’s supervisory entity showed that the market’s All-Share […]
In what appeared to be positive sentiment of investors to current changes in the Central Bank of Nigeria (CBN) and other announced policy measures by the new administration, the Nigerian equities market’s trading on Tuesday closed bullish with the market capitalization growing by highest value since July 2008, peaking at N31.670 trillion. At the close […]
The Nigerian Exchange (NGX) closed negative at the end of Friday’s trading session as bears held way thereby impacting negatively on the broad market. Data from the Nigerian Exchange Group (NGX)showed that the All-Share Index (ASI) traded 0.04% lower to close at 55,930.97 index points as against 55,956.59 index points recorded in the previous day’s […]
The Nigerian Exchange (NGX) closed positive on Wednesday at the end of trading session amid buy-in and sell-offs of stocks largely dominated by bulls, which impacted on the market’s breadth performance. Data from the equities market’s supervisors, the Nigerian Exchange Group (NGX), indicated that the All-Share Index (ASI) traded 0.05% higher to close at 55,769.28 […]
Nigeria’s equities market reversed Thursday’s bearish trend to close the week’s trading sessions on Friday positive in a very competitive buy-in and sell-off session that impacted on the local bourse’s broad performance. Data from the Nigerian Exchange Group (NGX) on the trading session showed that the benchmark All-Share Index (ASI) traded 0.29% higher to close […]