Equity market loses N62bn | TheNewsGuru …C0NTINUE READING HERE >>> The equity market began the week on a bearish note, reversing prior session gains with a loss of N62 billion. The decline was primarily driven by losses in Oando Plc, United Bank for Africa (UBA), Access Corporation, United Capital and Transnational Corporation. Consequently, … Read more
NGX reverses gain, investors lose N148bn to selloffs …C0NTINUE READING HERE >>> The stock market reversed its gain on Wednesday, losing N148 billion or 0.25 per cent amid selling pressure in several key stocks. The decline was primarily driven by selloffs in Aradel Holdings, Zenith Bank, FBN Holdings, Access Corporation, and Fidelity Bank, … Read more
Stock market sustains gain with N197bn …C0NTINUE READING HERE >>> The Nigerian stock market extended its positive momentum on Tuesday, posting a 0.33 per cent gain. This gain added N197 billion to investors’ portfolios. The market capitalisation, which opened at N59.510 trillion, closed higher at N59.707 trillion. Similarly, the All-Share Index (ASI) rose by 0.33 … Read more
NGX suspends trading of Transcorp shares …C0NTINUE READING HERE >>> The Nigerian Exchange Ltd. (NGX) has suspended trading in the shares of Transnational Corporation Plc (Transcorp). The NGX, in its weekly report, said that the suspension, on Thursday, was necessary to determine the shareholders entitled to receive the firm’s reconstructed shares. The Exchange said that … Read more
NGX closes positive, investors gain N74 billion …C0NTINUE READING HERE >>> To end the week, the stock market rebounded from previous losses, gaining N74 billion. Investor interest in MTN Nigeria, FBN Holdings, Guaranty Trust Holding Company (GTCO) and other equities lifted the market. Notably, the market capitalisation opened at N56.014 trillion, adding N74 billion or … Read more
NGX market cap sheds N193 billion to selloffs …C0NTINUE READING HERE >>> The Nigerian stock market, on Wednesday, reversed gains from previous sessions with a loss of N193 billion. Selloffs in Tier-one banking stocks namely, Zenith Bank, Access Corporation, Guaranty Trust Holding Company (GTCO), among other declined equities were the primary drivers of the market’s … Read more
NGX extends gain by N123bn …C0NTINUE READING HERE >>> Read full article NGX extends gain by N123bn on TheNewsGuru. Opening the week,investors’ interest in Tier-one banking stocks further extended gains of the Nigerian stock market capitalisation by N123 billion or 0.22 per cent. Read full article NGX extends gain by N123bn on TheNewsGuru. >
Stock market closes with N99bn gain …C0NTINUE READING HERE >>> The Nigerian stock market on Friday closed the week on a positive note, with investors adding N99 billion to their portfolios. Notably, the market capitalisation of listed equities increased by N99 billion or 0.18 per cent from an opening of N55.379 trillion to settle at … Read more
NGX market capitalisation sheds N176bn over selloffs …C0NTINUE READING HERE >>> The domestic bourse on Wednesday halted its three consecutive sessions of gain, as the market capitalisation shed N176 billion or 0.32 per cent. Specifically the Nigerian Exchange Ltd. (NGX) market capitalisation which opened at N55.437 trillion, closed at N55.261 trillion. The All-Share Index also … Read more
Nigerian equity market investors lose N64 billion …C0NTINUE READING HERE >>> Investors in the Nigerian equity market lost N64 billion on Thursday due to selloffs in Zenith Bank, FBN Holdings, Transcorp Hotels and other stocks. Advertisement The market capitalisation dropped by N64 billion, or 0.12 per cent, closing at N54.983 trillion, down from the opening … Read more