Investment analysts at Bancorp Securities Limited, a leading investment and research consulting firm in Nigeria, have projected a positive outlook for Nigerian Exchange trading sessions this week as the Yuletide season approaches. In the firm’s ‘Weekly Stock Recommendation: December 4 – December 8. 2023’ report circulated to our correspondent on Monday, the experts predicted that […]
Tag: UNIVINSURE
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 […]
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 […]
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 […]
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 […]
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 […]
Bulls Take Hold On Equities Market, As Investors Gain N860Bn
The Nigerian equities market’s trading session on Friday closed on a positive note as the bearish sentiment that characterized the previous trading sessions subsided, resulting in N860 billion gains to investors. Following the bullish sentiment, the market capitalization grew to N35.881 trillion, representing 0.24% improved value over the preceding day’s figure of N35.795 trillion. As […]
Equities Market Closes Positive, As Capitalization Rises N96Bn
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 […]
NGX Sustains Positive Trend, As Investors Gain N272Bn
The Nigerian Exchange (NGX) closed positive for the second consecutive day on Thursday amidst buy-interests and sell-offs by investors as bulls dominated proceedings, driving up the broad market’s index. Available data from the market’s moderating institution showed that at the end of the trading session, the All-share Index (ASI) appreciated by 0.93% to close at […]
NGX Opens February Trading Positive, As Investors Gain N142Bn
Trading at the Nigerian Exchange (NGX) closed positive today amidst buy-interests and sell-offs as bulls dominated the session, thereby increasing the broad market performance Consequently, the equities market’s All-share Index (ASI) appreciated by 0.49% to close at 53,499.68 points while the market capitalization grew by N142 billion to close at N29.139 trillion. The market’s indices […]