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’ […]
With dwindling foreign exchange (FX) accruals into the nation’s foreign reserves and inability of the Central Bank of Nigeria (CBN) to moderate the current depreciation of the Naira in the FX markets, financial experts at Bancorp Securities Limited on Monday predicted bearish outlook on the value of the Naira in the FX markets this week. […]
As investors are bound to be exploring opportunities for best returns on their investments this week in the Nigerian Exchange Limited (NGX), analysts at Proshare Nigeria Limited, a leading investment research and consulting firm, have projected that the local bourse would sustain its bullish momentum, thereby holding good potentials for returns for investors. The analysts, […]
The Director General of the Securities and Exchange Commission (SEC) Nigeria, Mr. Lamido Yuguda, has reiterated the commission’s commitment to deepening and diversifying the capital market to create wealth for investors and stimulate the nation’s economic growth. Yuguda, who made the remark at the weekend, explained that development of capital markets would serve as engine […]
Bears sustained their grip on the Nigerian Exchange (NGX) again on Tuesday, thereby impacting negatively on the broad market’s performance As a result of the bearish trend of the local bourse, the market’s All-share Index (ASI) depreciated by 0.12% to close at 55,722.9 points while the market capitalization dipped by N36 billion to close at […]
Trading on the Nigerian equities market ended positive on Friday amidst buy-interests and sell-offs by investors as bulls dominated the session, driving up the broad market’s index. Data from the Nigerian Exchange Limited (NGX), the local bourse’s supervisory institution, indicated that at the end of the day’s trading, the All-share Index (ASI) surged by 0.55% […]
Trading on the Nigerian Exchange (NGX) closed positive on Wednesday as bulls dominated the trading session with a slight improvement in the broad market performance. The All-share Index (ASI) appreciated by 0.23% to close at 54,427.05 points just as the market’s capitalization grew by N69 billion to close at N29.644 trillion. The local bourse’s Year-to-Date […]
Investment analysts and economists at Bancorp Securities Limited, a leading investment research firm in Nigeria, on Monday projected mixed sentiment in the nation’s equities market this week, noting however, that earnings expectations would continue to provide a catalyst for the market’s positive performance The experts in the firm’s ‘Weekly Stock Recommendations Jan 30 – Feb […]
The Nigerian Exchange (NGX) closed negative on Wednesday as bears dominated the trading session, thus marginally driving down the broad market’s performance. At the end of the stock buying and selling session, the All-share Index (ASI) depreciated by 0.02% to close at 52,599.65 points while the market capitalization declined by N32 billion to close at […]
Nigeria’s equities market closed positive on Monday, as bulls took hold of the trading session, thereby boosting the broad market’s performance with JOHNHOLT topping the 18 gainers’ table. At the close of the trading session, the All-share Index (ASI) appreciated by 0.11% to close at 52,657.69 points just as the market capitalization grew by N18 […]