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The Nigerian equities market on Wednesday halts previous losses to close with a 0.25 per cent appreciation in the benchmark index.

Equities trading at the Nigerian Exchange Limited (NGX) goes southward to close the first trading session of the week on a negative note.

Local stock market reverses losses with +1.8 per cent Local stock market reverses losses with +1.8 per cent Share Equities trading at the Nigerian Exchange Limited, on Thursday, closed higher by 1.8 per cent to reverse the previous day loss. The positive sentiments were influenced by a late interest in bellwethers, Dangote Cement and MTN Nigeria despite the market trading negative for most of the day. However, precisely, the benchmark index inched higher by 1.8 per cent to close at 39,461.61 basis points. Consequently, the Month-to-Date gain increased to +1.1 per cent, while Year-to-Date lo...

Equities market relapses after two-day gains, lose N65.8bn Equities market relapses after two-day gains, lose N65.8bn Share The local equities market reverses the previous day’s gain as investors took profits off Nigerian Breweries, Access Bank and Zenith Bank stocks. Consequently, the All-Share Index (ASI) of the Nigerian Stock Exchange declined by 0.3 per cent to 40,095.49 basis points, with the Month-to-Date and Year-to-Date losses increasing to -5.5 per cent and -0.4 per cent, respectively. Investors lost N65.8 billion as the market’s worth closed at N20.98 trillion as against an ope...

Share Following the Monetary Policy Committee (MPC) decision to retain the current rates, the Nigerian equities market extends its bullish run as market indicators hinges 0.83 per cent higher, on Wednesday. Basically, the Nigerian Stock Exchange All Share Index gained 0.83 by per cent to close at 41,930.73 basis points, pegging the year-to-date return at 4.12 per cent with market capitalisation standing at N21.934 trillion Market breadth also closed in favour of the bulls with 35 gainers as against 21 losers. CHI Plc, Guinea Insurance, Fidson Pharmaceutical, Champion Breweries and Lasaco Ins...