Researchers at Bancorp Securities Limited, one of Nigeria’s investment research and consulting services providers, have projected mild profit taking activities on the Nigerian Exchange this week as price correction, sentiment ceilings and a promulgation of risk averseness would possibly define the overall market sentiments. The experts, in the firm’s ‘Weekly Stock Recommendation for Nov 6 […]
Tag: Nigerian Exchange Group (NGX)
Analysts Forecast Positive Sentiments In NGX
Researchers and investment experts at Bancorp Securities Limited, a leading investment research and consulting firm in Nigeria, have projected that the Nigerian Exchange (NGX) broad market sentiments will remain positive amid growing interest of foreign investors in Nigeria based on the President Bola Tinubu’s recent parleys with global stakeholders to attract investments into the country. […]
Analysts Forecast Bright Outlook In Nigeria’s Equities Market
Researchers and investment analysts at Bancorp Securities Limited, one of Nigeria’s leading investment and consulting services providers, have projected that this week the nation’s bourse is expected to experience directional stimulus due to emerging developments in the investment space. Specifically, the analysts in firm’s ‘Weekly Stock Recommendation for Oct 16th-20th 2023’ circulated to our correspondent […]
Analysts Forecast Flattish Performance Of Nigeria’s Equities Market
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 […]
Investors’ Bearish Sentiment Dips NGX Cap By N518Bn
Investors’ bearish sentiment dominated trading sessions in the Nigerian Exchange on Friday, thereby causing the local bourse to close the week’s trading with remarkable deprecation in most listed stocks’ values. At the end of the trading session, the All-Share Index (ASI) traded 1.39% lower to close at 67,324.59 index points compared to the 68,271.14 index […]
Nigeria’s Equities Market Opens Bullish, As Investors Gain N264Bn
The Nigerian Exchange (NGX) opened its trading session on Monday in bullish momentum as investors gained N24 billion at the end of the trading session. The All-Share Index (ASI) traded 0.71% higher to close at 67,877.17 index points as against 67,395.74 index points recorded in the previous day’s trading session. Similarly, the local bourse’s market […]
Investment Analysts Forecast Dovish Trend In Equities Market
Investment researchers at Bancorp Securities Limited, one of the leading investment research and consulting services providers in Nigeria, on Monday forecasted a flattish return on Nigerian Exchange broad performance this week as investors begin to position early in anticipation of the outcome of the Central Bank of Nigeria (CBN) Monetary Policy Committee’s meeting scheduled for […]
NGX Cap Dips By N24Bn, As Investors’ Profit-Taking Sentiment Heightens
The Nigerian equities market closed bearish at the end of Thursday’s trading session as investors sustain their profit taking sentiment based on the preceding day’s gain recorded in the bourse.. Consequently, the All-Share Index (ASI) depreciated –0.06% lower to close at 67,335.30 index points as against 67,378.88 index points recorded in the previous day’s trading […]
NGX Reverses Loss Streak On Friday, As Market Cap Gains N33Bn
Trading on the Nigerian Exchange on Friday closed positive as bullish investors controlled the trend after a 2-losing streak, with market capitalization gaining N33 billion at the end of the day’s transactions. As expected, the equities All-Share Index (ASI) traded 0.09% higher to close at 68,143.34 index points as against 68,082.11 index points recorded in […]
NGX Group To Pay Interim Dividend To Shareholders
The Nigerian Exchange Group Plc (NGX Group) is expected to pay its shareholders an interim dividend of 25 kobo per ordinary share of 50 kobo each today. This derived from the decision taken by the board at its emergency meeting convened by the Group last month, during which the board decided to electronically distribute its […]