Investment researchers at Bancorp Securities Limited, one of Nigeria’s investment research and consulting services providers, have projected a sustained bullish price correction momentum in the Nigerian Exchange (NGX) this week as investors brace up for investment earnings from expected dividend declarations. The researchers, in the firm’s ‘Weekly Stock Recommendation for Feb. 05 – Feb. 09, […]
Airtel Africa, one of the leading telecommunication services providers in Africa, has announced plans to buy back $100 million worth of its share from the Nigerian investment market from March this year The company, listed on the Nigerian Exchange (NGX), gave this hint on Thursday as it announced its 9-month financial report for the period […]
Investment researchers at Bancorp Securities Limited, a leading investment research firm in Nigeria, have predicted some modicum of positive outlook for Nigerian Exchange’s trading this week as macroeconomic indices continued to reflect positive sentiment in the nation’s economy. The investment experts, in the firm’s ‘Weekly Stock Recommendation For Nov 27 –Dec 01 2023’ report noted […]
The Nigerian Exchange (NGX) closed negative on Thursday amidst buy-interests and sell-offs as bears regain dominance, driving down the broad market. Data on the day’s trading session from the Nigerian Exchange Group (NGX) indicated that the All-share Index (ASI), the benchmark index, depreciated by 0.02% to close at 51,944.58 points while the Market Capitalization declined […]
Trading on the floor of the Nigerian Exchange (NGX) closed positively on Wednesday with investors gaining N154 billion following bulls dislodgment of bears in the control of the Nigerian bourse. On Tuesday, with bears holding grip on the bourse, investors lost N134 billion at the end the day’s trading session However, at the close of […]
Trading on the floor of the Nigerian Exchange (NGX) was bullish on Friday with investors gaining N193 billion at the end of the week’s trading sessions as bulls sustained their grip on the local bourse during the day’s trading As expected, the market’s All Share Index (ASI) also increased by 0.69% to close at 51,222.34 […]
Trading on the floor of the Nigerian Exchange (NGX) was bullish on Wednesday with investors gaining N34 billion as bulls maintained their grip on the local bourse during the trading session. The bourse’s All Share Index (ASI) also increased by 0.12% to close at 51,657.56 points just as the market breadth closed positive with NB […]
Trading activities on the floor of the Nigerian Exchange (NGX) closed positive on Tuesday, the first trading day in 2023, with a gain of N187 billion accruing to investors at the end of the trading session. This indicated that the bourse’s All Share Index (ASI) increased by 1.89% to close at 51,595.66 points while the […]
Trading activities on the floor of the Nigerian Exchange (NGX) closed on Monday on a positive note with the market capitalization growing by N53 billion as bulls regained control of the bourse. Available data from the market regulators on the day’s trading session showed that the All Share Index (ASI) increased by 0.20% to close […]
Trading activities on the floor of the Nigerian Exchange (NGX) ended negatively on Tuesday as investors lost N25 billion, following a trading session dominated by bears. The equities market’s All Share Index (ASI) decreased by 0.09% to close at 48,853.54 points, resulting in the depreciation of the market capitalization by N25 billion. According to data provided by […]