Tag: Equities
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NGX: Equities gain, market capitalisation up by N35bn
The Nigerian Exchange Ltd., (NGX) closed on an upward note on Thursday occasioned by gains in 25 stocks, as market capitalisation appreciated by N35 billion. Specifically, market capitalisation of listed equities was increased by 0.14 per cent to N25.477 trillion, from N25.442 trillion recorded on Wednesday.
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Nigeria equities return to negative territory, lose N63bn
Trading on the nation’s bourse returned to negative territory on Tuesday with crucial market indices dropping by 0.46 percent following loses in 20 stocks. Specifically, the All-Share Index (ASI) decreased by 129.79 points, representing a loss of 0.46 percent to close at 27,820.57 against 27,950.36 posted on Monday. Also, the market capitalisation, which opened at…
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Nigerian equities suffer continuous decline despite global recovery
Nigerian equities continued on the downtrend for the third consecutive trading session yesterday at the Nigerian Stock Exchange (NSE) as profit-taking transactions shaved off N122 billion from market values of quoted shares. Despite global equities recovery, underlying profit-taking trend continued to dominate transactions at the stock market, after Nigerian equities hit a high of N16…
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Onyema expresses satisfaction as Nigerian equities hit all-time N15.78tr high
Nigerian equities scored a double on Tuesday as sustained scramble for quoted shares ballooned the aggregate market value of all quoted equities to N15.783 trillion, the highest in the 57 years of trading at the stock market. The All Share Index (ASI)-the benchmark index that tracks share prices at the Nigerian Stock Exchange (NSE), also…