The Nigerian Exchange Limited’s (NGX;s) All-Share Index further appreciated on Wednesday, closing at 70,773.31 points, as investors’ sentiment for high-yielding stocks surges. At the end of the day’s trading session, investors gained N87 billion as the market capitalization increased to N38.885 trillion due to what market analysts attributed to price gains by big stocks such […]
The Nigerian Exchange (NGX) closed bullish at the end of Friday’s trading session as investors reversed the volatility that had characterized most of the day’s trading session with positive sentiments. As a result, the All-Share Index (ASI), the benchmark index for traded equtieis, rose by 0.09% to close at 67,395.74 index points as against 67,335.30 […]
Investors in Nigeria’s equities market on Monday lost about N464.3 billion as the market reacted to the downgrade of the Nigerian Exchange Limited (NGX) by FTSE Russell, a global index issuer. FTSE Russell, UK-based firm, had downgraded the Exchange from “Frontline” to “Unclassified Market” and hinted that the NGX would be reclassified by September 18, […]
Investment experts at Bancorp Securities Limited, one of Nigeria’s leading investment research and consulting firms, have projected that trading on the Nigerian Exchange this week would be hallmarked by positive sentiments amid profit-taking activities to characterize trading activities in the current week. The analysts, in the firm’s ‘Weekly Stock Recommendation: Aug 28 –Sept 01 2023’ […]
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 […]
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 […]
The Nigerian Exchange (NGX) closed positive at the end of Wednesday’s trading session as the All-Share Index (ASI) rose by 3.99% to close at 59,985.10 index points as against 58,163.55 index points recorded in the previous day’s trading session. Consequently, the market capitalization appreciated by N992 billion to close at N32.662 trillion, a 3.13% gain […]
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 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 […]