Tag: Stock Market

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.

The domestic bourse continued its winning streak, with the All-Share Index opening at 98,383.04 and gaining 0.44 per cent or 435 points to close at 98,818.04.

Trading at the Nigerian stock market started the week on a positive note, as all performance indices rose by 0.26 per cent.

The stock market on the Nigerian Exchange Ltd. (NGX) declined further, losing N84 billion due to continuous sell-offs, primarily in Tier-one banking stocks and other blue-chips.

The Nigerian Exchange Ltd. (NGX) on Thursday posted a first week gain with the market capitalisation rebounding by N467 billion, amid renewed interests by investors.

Trading opened negatively on the Nigerian Exchange Ltd. (NGX) on Monday with the market capitalisation dropping by N297 billion.

The stock market of the Nigerian Exchange Ltd. (NGX) on Monday closed flat as the capitalisation declined by N2 billion amid sell-offs in Dangote Sugar and 19 other stocks.

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.

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.