The Nigerian stock market reversed its previous day’s gains on Wednesday as investors lost N648 billion following renewed selloffs in large and medium-cap stocks. Market capitalisation declined by N648 billion, or 0.41 per cent, to close at N159.344 trillion from N159.992 trillion recorded on Tuesday. Similarly, the All-Share Index (ASI) …
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Stock market rebounds, investors gain N414bn
The Stock market on Friday closed the last trading day in May on a bullish note, with investor portfolios increased by N414 billion. This is after a day downturn. Renewed investors interest in stocks like Sovereign Trust Insurance, Zichis Agro Allied Industries, International Energy Insurance, Mc Nichols and Aradel as …
Read More »Stock market rakes in N5.6trn gain, market cap hits N152trn
The Nigerian stock market closed on a bullish note on Wednesday, recording a gain of N5.554 trillion for investors at the end of the trading session. The rally was driven by increased investor interest in high- and mid-cap stocks, including Airtel Africa, Zichis Agro Allied Industries, UAC of Nigeria, CAP, …
Read More »NGX Regco Imposes N219.29m Sanctions on CSL, Cowry, Meristem, Others
NGX Regulation Limited, the regulating body of the Nigerian Exchange Group (NGX Group) has imposed a sum of N291. 29 million sanctions on CSL Stockbrokers Limited, Cowry Securities Limited, Meristem Stockbrokers Limited, SMADAC Securities Limited and Associated Asset Managers Limited over stock market infractions. Ugochi Eke on behalf of the NGX Rego …
Read More »Stock Market Indices rise by 0.53%, Investors gain N403bn
THE Stock market continued on a positive note on Thursday, as performance indices grew by 0.53 per cent amid increased buying interest and bargain hunting. Market capitalisation rose by N403 billion, or 0.53 per cent, to close at N76.583 trillion, compared with N76.180 trillion on Wednesday. Similarly, the All-Share Index …
Read More »Stock Market gains N259bn on Increased Buying Interest
THE Nigerian stock market extended its positive trend, appreciating by N259 billion amid increased buying interest. Market capitalisation rose by N259 billion or 0.37 per cent to close at N70.894 trillion, compared with N70.635 trillion on Monday. Similarly, the All-Share Index (ASI) also increased by 411.52 points or 0.37 per …
Read More »Stock Market gains N186bn on Increased Buying Interest
THE Nigerian stock market extended its positive trend, appreciating by N186 billion amid increased buying interest. Market capitalisation rose by N186 billion or 0.27 per cent to close at N68.543 trillion, compared with N68.357 trillion on Tuesday. Similarly, the All-Share Index (ASI) also increased by 296.72 points or 0.27 per …
Read More »Stock Market gains N342bn on Increased Buying Interest
THE Nigerian stock market extended its positive trend, appreciating by N342 billion amid increased buying interest. Market capitalisation rose by N342 billion or 0.52 per cent to close at N66.159 trillion, compared with N65.817 trillion on Tuesday. Similarly, the All-Share Index (ASI) also climbed by 544.06 points or 0.52 per …
Read More »Stock Market Records N11bn Loss
THE Nigerian stock market recorded mixed performances on Thursday, April 3, 2025, as the market capitalisation shed a marginal loss of N11 billion or 0.02 per cent to close at N66.155 trillion from N66.166 trillion recorded on Wednesday. The difference in the performance indices was due to the delisting of …
Read More »Stock market gains N91bn
THE stock market closed the week on a positive note on Friday, with market value growing by N91 billion. Specifically, market capitalisation which opened at N67,102 trillion, closed at N67,193 trillion, gaining N91 billion or 0.14 per cent. Similarly, All-Share Index improved by 146 points or 0.14 per cent to …
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