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Guinness, Total, 28 Others Sustain Equity Market Positive Sentiment

Investors in the Nigeria stock market sustained the previous day's positive sentiment as 30 stocks appreciated. The positive sentiment follows the decline in the recent T.Bills auction rate to 5.2% from 5.4% for the 364days tenor. Consequently, the market index (All-Share Index) spiked by 129.11 basis points, representing an increase of 0.27 percent to close…
Oil Gas All Share Index Market Capitalization Total Volume Consumer Goods Industrial Goods

Financial and Oil & Gas Sectors Drag Equity Market Lower as NGX-ASI Shed 0.18%

Profit-taking investors dragged the equity market lower by 0.18% as the Nigerian stock market closed the last trading day of the week on a negative note. The decline follows the price depreciation in Oil & Gas and Financial Sectors, despite the gain in GUINNESS, MTNN and 17 others. In that regard, the market index (All-Share…
Oil Gas Financial Sectors All Share Index Market Capitalization Total Volume Industrial Good

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Nigeria Stock Market Suspends Downtrend as Investors' Wealth Jumps to ₦54Billion

On Wednesday, the Nigeria equity market halted the three successive days of profit-taking as the market indicators (NGX-ASI and Market Cap.) rose by 0.21 percent following investors positive sentiment in all the market sectors. Consequently, the market index (All-Share Index) spiked by 99.99 basis points, representing an increase of 0.21 percent to close at 47,157.23.…
Oil Gas Market Cap All Share Index Market Capitalization Total Volume Total Value

Bearish Sentiment Persist as NGX-ASI Plunges 0.31%

Investors’ bearish sentiment persisted to the third consecutive trading session as the market indicators plunged further by 0.31 percent following sell down pressure in some market bellwethers. Consequently, the market index (All-Share Index) shed 146.15 basis points, representing a decrease of 0.31 percent to close at 47,057.24. While the Market Capitalization lost ₦78.75Bn, representing a…
Oil Gas All Share Index Market Capitalization Total Volume Consumer Goods Industrial Goods

Blue-chips Drag Stock Market Lower as Investors Lose ₦41Billion

The Nigeria stock market resumed the new week with a bearish sentiment as investors lost ₦41 billion on Monday. The decline follows the sell-down in some blue-chips stocks such as OKOMUOIL, MTNN, SEPLAT and 20 others. Consequently, the market index (All-Share Index) shed 76.53 basis points, representing a decrease of 0.16 percent to close at…
Oil Gas All Share Index Market Capitalization Total Volume Consumer Goods Industrial Goods

Profit-Taking Return PRESCO, SEPLAT Drag Equity Market Lower by 0.11%

Investors in the Nigeria equity market returned with profit-taking after the previous day’s day gain. The decline in the market indicators was driven by sell-down in 24 medium and large capitalized stocks, despite gains in MTNN, WAPCO and 15 others. Consequently, the market index (All-Share Index) shed 49.88 basis points, representing a decrease of 0.11…
Oil Gas All Share Index Market Capitalization Total Volume Consumer Goods Industrial Goods

Nigeria Equity Market Reverses Sentiment, Up 0.85%

→ On Thursday, the Lagos Custom street closed a positive note, reversing the previous trading session bearish sentiment as the market indicators spiked by 0.85%, following the price appreciation in DANGCEM, ONADO, FLOURMILL and 20 other stocks. Consequently, the market index (All-Share Index) rose by 399.14 basis points, representing an increase of 0.85 percent to…
Oil Gas Lagos Custom All Share Index Market Capitalization Total Volume Industrial Goods

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