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Investors Gain N87Bn Amid Bullish Run For Blue Chip Stocks

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 […]

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Investors Lose N518Bn On Friday, As Bears Control NGX Trading

Investors lost N518 billion last Friday at the close of trading sessions in the Nigerian Exchange as bearish sentiment characterized the transactions in most of the listed stocks’ values At the end of the trading session, the market’s All-Share Index (ASI) depreciated by 1.39% to close at 67,324.59 index points compared to the 68,271.14 index […]

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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 […]

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NGX Closes Bearish, As Investors Lose N35Bn

The Nigerian Exchange (NGX) closed negative at the end of Thursday’s trading, leading to investors’ loss of N35 billion despite the growth in the volume of traded stocks. Available data from the Nigerian Exchange Limited (NGX) on the trading trend showed that the All-Share Index (ASI) traded 0.09% lower to close at 68,271.14 index points […]

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Nigeria’s Equities Market Closes Week Bullish, As Cap Gains N33Bn

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 […]

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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 […]

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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 […]

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NGX Closes Trading Bullish, As Investors Gain N185Bn

The Nigerian equities market closed on bullish sentiment at the end of Tuesday’s trading session as the All-Share Index (ASI), the benchmark index, neared an all-time high, thereby translating to N185 billion gain for investors. According to data from NGX, the market’s supervisory group, the trading indices of Tuesday’s trading represent the single-day all-time-high for […]

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Analysts Forecast Positive Sentiment In NGX This Week

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’ […]

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Experts Forecast Mixed Momentum In Equities Market

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 […]