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Lagos, June 2, 2021 Trading on the Nigerian Exchange (NGX) returned to positive territory on Wednesday with the All-Share Index rising by 0.18 per cent. The News Agency of Nigeria (NAN) reports that the index rose by 68.15 points or 0.18 per cent to close at 38,482.52 from 38,414.37 on Tuesday, amid buying interests in
Lagos, June 3, 2021 The domestic bourse extended positive growth on Thursday to close upbeat with N34 billion following investors interest in MTN Nigeria Communications (MTNN). Consequently, the market capitalisation inched higher by N34 billion or 0.17 per cent to close at N20.092 trillion against N20.058 trillion
Sell-off in Stanbic IBTC Holdings and 21 other stocks dragged transactions on the Nigerian Exchange (NGX), extending the bearish trend to close on a downturn yesterday as the all-share index (ASI) depreciated by 0.92 per cent. ASI declined by 367.97 absolute points, representing a dip of 0.92 per cent to close at 39,433.81 points while market capitalisation depreciated by N193 billion to close at N20.637 trillion. The market loss was driven by price depreciation in large and medium capitalised stocks including Unilever Nigeria, Guaranty Trust Bank, Zenith Bank and Julius Berger. ...
Bears dominate trading on NGX, capitalisation down by N193bn By Chinyere Joel-Nwokeoma Lagos, May 5, 2021 The bears were dominant on the Nigerian Exchange (NGX) Ltd., on Wednesday with market capitalisation declining further by N193 billion. Specifically, the capitalisation which opened at N20.830 trillion dipped N193 billion to close at N20. 637 trillion. Similarly, the All-Share Index lost 367.97 points or 0.92 per cent to close at 39,433.81 from 39,801.78 on Tuesday. Consequently, month-to-date and year-to-date losses increased to 0.9 per cent and 2.0 per cent, respectively. The price dep...