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Equities market sustains positive sentiments as investors earn N36.6bn Equities market sustains positive sentiments as investors earn N36.6bn Share Trading activities at the domestic equities market extended the previous day’s gain as investors’ demand for Dangote Cement notched the All-Share Index higher by 0.2 per cent to 39,382.96 basis points. Consequently, investors earned N36.6 billion as the market’s worth closed at N20.527 trillion. Accordingly, Month-to-Date and Year-to-Date losses moderated to -1.1 per cent and -2.2 per cent, respectively. The positive performance was spurred...

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Goddy Egene The nation’s stock market remained bearish last week leading to a decline of 0.15 per cent in the Nigerian Exchange Limited (NGX) All-Share Index to close at 38,808.01, while market capitalisation ended at N20.310 trillion. The market had similarly dipped the previous week. However, unlike two weeks ago when the volume and value of trading also decline, investors staked more funds last week. A total of 1.263 billion shares worth N10.759 billion were traded in 19,975 deals last week, up from 887.037 million shares valued at N9.193 billion that exchanged in 17,837 deals the preced...

Market data for the week ended 9th April 2021 revealed that the Nigerian Equity space closed on a negative note, as the All-Share Index and the market capitalization depreciated by -0.66%, to close the week lower at 38,866.39 and N20.335 trillion respectively. This bearish move has been linked to the conclusion of an impressive annual reporting season, as this leaves few incentives to bet on slightly higher returns from equities, with the rising yields in the fixed-income market. Some industrial, mining, and consumer goods stocks delivered decent returns during the week Despite the prevailing...

Lagos, March 8, 2021 The Nigerian equities market resumed trading for week upbeat on Monday with key indicators improving by 0.17 per cent. Consequently, the All-Share Index garnered 64.96 points or 0.17 per cent to close at 39,396.57 compared with 39,331.61 recorded on Friday. Similarly, the market capitalisation rose by N34 billion or 0.17 per cent to close at N20.612 trillion in contrast with N20.578 trillion posted on Friday. The uptrend also driven by price appreciation in medium and large capitalised stocks amongst which are: Lafarge Africa, Ardova, FBN Holdings, Access Bank and Champi...