Tag: NGX
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Investors lose N9bn on profit-taking in stock market
The equities market declined on Friday, with profit-taking in stocks such as Zenith Bank, Guaranty Trust Holding Company (GTCO), Wema Bank, Nigerian Breweries, and Nestle Nigeria, among others.
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Stock market rebounds, gains N26bn
Bullish sentiment returned to the Nigerian stock market on Thursday, following investors’ interest in MTN Nigeria, Transcorp Hotel, United Bank of Nigeria(UBA), among other advanced equities.
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NGX market capitalisation down by N673bn
The Nigerian equity market on Wednesday experienced a downturn, losing N673 billion in market capitalisation due to sell-offs in major stocks like MTN Nigeria and Transcorp Hotel.
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Equity market declines with N200bn loss
Trading activities on the floor of the Nigerian stock market on Tuesday declined, making investors to lose N200 billion.
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Stock market rebounds with N57bn gain
The Nigerian Exchange Ltd. (NGX) rebounded on Wednesday, gaining N57 billion to close at N56.504 trillion.
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NGX’s market capitalisation drops N1.1 trillion
Trading activities on the Nigerian Exchange Ltd.(NGX) ended on a negative note on Tuesday as the capitalisation dropped by N1.11 trillion.
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Equity market: Investors lose N412bn
Losses in the stocks of Dangote Sugar, Guaranty Trust Holding Company (GTCO), among others have further weakened the performance of the equity market of Nigerian Exchange Ltd. (NGX).
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NGX: Stock market continues negative trend
The stock market of the Nigerian Exchange Ltd. (NGX) witnessed a continued downturn on Thursday, with market capitalisation dropping by N252 billion.
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NGX: Investors lose N190bn as Tier-1 banks experience sell-offs
Sell-offs in the shares of Tier-one banks on Thursday contributed to a 0.32 per cent decline in the Nigerian Exchange Ltd. (NGX) market indices.
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Transcorp records N109.1bn gross profit in 2023
Transnational Corporation Plc (Transcorp) on Wednesday said its gross profit for the year ended Dec. 31, 2023 stood at N109.1 billion.