Gains in 32 stocks lift market capitalisation by N128 billion
Following gains in 32 stocks, transactions on the Nigerian Exchange Limited (NGX) reopened on an upward note yesterday, as investors’ wealth appreciated by N128 billion.
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Following gains in 32 stocks, transactions on the Nigerian Exchange Limited (NGX) reopened on an upward note yesterday, as investors’ wealth appreciated by N128 billion.
Trading activities of the equities market on the Nigerian Exchange Ltd.(NGX) closed on an upward trend on Friday, halting the bearish sentiments recorded in two consecutive days. | Pulse Nigeria
The bears resurfaced in the equities sector of the Nigerian Exchange Limited (NGX) yesterday, occasioned by losses in many blue-chip stocks, especially Nigerian Exchange Group (NGXGroup) and Nigerian Breweries (NB) as market capitalisation depreciated by N6 billion.
Uncertainty in the global economy coupled with insecurity in the country and other macroeconomic challenges have continued to take a toll on the capital market as investors' wealth depreciated by N213 billion in March.
Following gains recorded by MTN Nigeria and 15 other stocks, yesterday, the capital market rebounded after two days of bearish trading, as market capitalisation increased by N33 billion.