Trading on the Nigerian Stock Market closed bearish on Friday, ending the week with a N444 billion loss for investors. Extended profit-taking in large- and mid-cap stocks pushed the market further into negative territory, extending the bearish trend to the ninth consecutive session. Market capitalisation declined from N154.977 trillion to …
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Equity market records N1.44trn gain
The Nigerian stock market continued on a positive note on Wednesday, adding N1.44 trillion to its value. Market capitalisation surged by 1.80 per cent to reach N81.584 trillion, up from N80.143 trillion recorded on Monday. Similarly, the All-Share Index (ASI) rose by 2,277.54 points, or 1.80 per cent, settling at …
Read More »Stock market Indices Increase by 0.56%, Investors gain N405bn
THE stock market closed on a positive note Wednesday, as performance indices grew by 0.56 per cent amid increased buying interest and bargain hunting. Market capitalisation rose by N405 billion, or 0.56 per cent, to close at N72.302 trillion, compared with N71.897 trillion on Tuesday. Similarly, the All-Share Index (ASI) …
Read More »Stock Market Rebounds as investors gain N101bn
THE Nigerian stock market rebounded on Tuesday, April 8, 2025, reversing several days of bearish trends, with a gain of N101 billion. The Nigerian Exchange Limited (NGX) market capitalisation rose by N101 billion or 0.15 per cent, closing at N65.589 trillion, up from N65.488 trillion on Monday. Similarly, the All-Share …
Read More »Top 5 Oil And Gas Companies Based In Nigeria
THE Nigerian stock market, represented by the All-Share Index, achieved an outstanding performance in 2024, closing with a remarkable gain of 37.65%. This success was largely driven by significant growth in mid and large-cap stocks, which saw substantial increases in their share prices. Among the main sectoral indices, the Oil …
Read More »Stock Market Opens With N37bn Gain
THE Nigerian stock market, on Monday, opened the week positive by adding N37 billion to the portfolios of investors. Specifically, the market capitalisation which opened at N63.166 trillion, gained N37 billion or 0.06 per cent to close at N63.203 trillion. The All-Share index also advanced by 0.06 per cent or …
Read More »Investors Gain N987bn As NGX Opens Positive
The Nigerian stock market, on Monday, opened the week positive with a gain of N987 billion or 0.99 per cent. Investors’ interest in MTN Nigeria, BUA Foods, FBN Holdings, among other advanced equities, were the primary drivers of the overall market’s upward performance. Notably, the market capitalisation added N987 billion or …
Read More »Investors Gain N138bn as NGX Opens on Positive Note
THE Nigerian stock market opened the first trading session of the month on a positive note on Monday, gaining N138 billion in market capitalisation. Demand for Tier-One banking stocks, including Zenith Bank, United Bank for Africa (UBA) and Access Corporation, alongside equities such as Transnational Corporation and PZ, drove the …
Read More »Stock Market Opens Bearish, Investors Lose N123bn
THE Nigerian stock market opened with its bearish momentum on Monday to record N123 billion loss. Selloffs in Tier-one banking stocks namely, Guaranty Trust Holding Company(GTCO), Zenith Bank and FBN Holdings, underpinned the market’s weak performance. The market capitalisation, which opened at N59.292 trillion, shed N123 billion or 0.21 per …
Read More »Stock Market investors Lose N127bn
THE Nigerian stock market extended its losses as the market capitalisation dropped by N127 billion or 0.21 per cent from N59.559 trillion to close at N59.432 trillion on Thursday, October 17, 2024. The All-Share Index also declined by 0.21 per cent, losing 210.2 points to close at 98,081.38, compared …
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