Tag: NGX

Breaking three consecutive sessions of losses, the Nigerian stock market rebounds by 0.17 per cent on Wednesday as investors improve interest in Tier-one banking stocks.

The domestic bourse continued its downward trend on Tuesday as investors sold off banking, consumer and industrial stocks.

The Nigerian stock market on Monday opened on a negative note, with performance indices dropping by 0.44 per cent.

Losses in Teir-one banking stocks on Friday pushed the market indices into a negative terrain, making investors to lose N56 billion.

The Nigerian equity market on Monday opened the week on a positive note with a gain of 0.58 per cent.

The Nigerian Exchange Ltd. (NGX) market capitalisation has gained N15.25 trillion in value in the first five months of the year, amidst domestic and global economic headwinds.

Sell-offs in Tier-one banking stocks on Tuesday extended losses on the Nigerian Exchange Ltd. (NGX) stock market capitalisation by 0.07 per cent.

Trading on the Nigerian Exchange Ltd. (NGX) this week closed higher by 1.73 per cent, following investors’ increased demand for banking, insurance, consumer as well as oil and gas stocks.

The domestic bourse on Thursday maintained a positive trend as the value of transactions on the Nigerian Exchange Ltd. (NGX) advanced by 14.04 per cent.