Bancorp Securities Limited’s investment experts on Monday predicted sustained positive sentiments in the nation’s equities market this week on the back of last week’s trading sessions’ impressive indices. The equities market closed green last Friday as bulls regained control of the trading, thereby raising the All Share Index (ASI) by 1.06% to close at 48,881.93 […]
Trading activities on the floor of the Nigerian Exchange (NGX) on Friday ended with investors gaining N281 billion as bulls regained grip on the local bourse. Available data on the day’s trading indicated that the All Share Index (ASI) increased by 1.06% to close at 48,881.93 points while market capitalization appreciated by N281 billion. By […]
The Naira exchanged to the US dollar at an average of N745/$1 on Friday at the black market, appreciating by 0.67 percent from N750/$1 it traded on Thursday. The local currency’ N750/$1 exchange rate on Thursday was the lowest value it traded since the beginning of the month. Interestingly, the local currency strengthened by 0.13% against […]
Bears overpowered the bulls in the struggle for Nigeria’s equities market’s control on Thursday, causing investors a loss of N32 billion at the close of the trading session. The bulls had on Wednesday dominated the market and secured a gain of N32 billion for the investors following impressive performance of a few blue chip stocks. […]
The Nigerian equities market closed the week Friday with positive sentiment due to gains recorded in GEREGU, UBA, and 12 other stocks after a few days of unimpressive performance. The stocks’ gains boosted the All Share Index (NGX ASI) and the market capitalization by 0.07%, while the Year-to-Date (Y-T-D) return stood at 3.63%. Specifically, the market’s official […]
The Nigerian equities market closed bearish on Thursday as decline in the stock price of FBHN, ZENITH and 18 others reversed previous day’s gains, dipping the market capitalization by N25 billion at the end of the day’s trading. As a result, the All Share Index (ASI) and market capitalization decreased by 0.10%, while the Year-to-Date (Y-T-D) […]
The Nigerian equities market’s Year-to-Date (YTD) rose to 3.78 percent on Thursday as the All Share Index (NGX ASI) and the market capitalization increased by 0.03 percent at the end of the day’s trading session. Specifically, the ASI closed at 44,332.21 against the previous close of 44,318.15 while market capitalization closed at N24.147 trillion against previous close […]
Investors’ growing appetite for shares with good returns prospect was sustained in the Nigerian equities market during the week ended last Friday, as the bourse’s All-Share Index grew by 0.63% compared with the 0.59% decline recorded in the preceding week. The weekly stock market report released by the Nigerian Exchange Group (NGX) showed that the ASI […]
The Nigerian stock market (NGX) closed positive amidst buy-interests and sell-offs as bulls dominated the session on Thursday leading to investors gaining N391 billion at the end of the day’s trading. The All-share Index (ASI) appreciated by 1.47% to close at 50.075 index points as against 49,350 index point the previous day. This is even […]