STOCK market investors traded 1.525 billion shares worth N43.006 billion in 51,156 transactions this week on the floor of the Nigerian Exchange Limited (NGX). This is in contrast to 2.094 billion shares valued at N52.967 billion that exchanged hands last week in 64,612 deals. The value of transactions traded by …
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BULLISH sentiments resurfaced in equities trading in the Nigerian Exchange Limited on Wednesday to end a four-day losing streak. Analysis of the day’s trading activities shows that investors’ interest in the shares of FBNH and NB spurred a 2bps increase in the market benchmark index as the NGX All-Share Index …
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THE Nigerian Exchange Limited has reported a 12.0 percent decline in total transactions value of Domestic and Foreign Portfolio in November, 2024, as the figure dropped to N442.34 billion down from N502.73 billion in October 2024. This was contained in the Domestic and Foreign Portfolio Report of the NGX release …
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THE market value of Guaranty Trust Holding Company Plc and nine other banks rose to N7.87 trillion in 2024 as market capitalisation increased to N62.76 trillion on the stock market of the Nigerian Exchange Limited in 2024. The NGX banking Index which witnessed mixed reactions in 2024, closed positive amid …
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THE stock market opened the week on a negative note on Monday, July 8, 2024, recording N9 billion or 0.02 per cent decline on the performance indices. Losses in stocks such as PZ Cussons Nigeria, Transnational Corporation, International Breweries, Unilever, Wema Bank, and FBN Holdings contributed to the market’s downturn. …
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Nigeria’s stock market is now world’s best after Wednesday’s positive close helped the market to beat Argentina, a country it was trailing last week. Bulls push NGX-ASI above 90,000 mark Nigerian Exchange Limited (NGX) All Share Index (ASI) rose by 2.38 percent on Wednesday, surpassing 90,000 mark as bulls dominate …
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THE Nigerian Exchange Limited continued its bullish run as the All-Share Index appreciated by 2.11 per cent, gaining 1,644.12 points to close at 79,664.66 points. Newsextra24 reports that commercial banks were the major drivers of Friday’s bullish run as stocks record gains. Equities also gained N900 billion as the NGX’s …
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The Nigerian Exchange Limited, on Wednesday, announced the listing by the introduction of Geregu Power Plc, which is chaired by billionaire businessman, Femi Otedola, to the Main Board of The Exchange. Geregu Power, a leading power generation company in Nigeria, becomes the first GenCo to be listed on the NGX …
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