Tag: Stock Market
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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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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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Stock market rebounds with N74bn gain
Positive performance returned to the equity market on Thursday, following investors’ interest in stocks of BUA Cement, Zenith Bank and other top traders, making it the first gain of the week.
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Stock market indices reverse positive trend, down by 1.5%
The stock market closed trading on Tuesday on a negative note, due as the losses in stocks of Tier-one banks. Consequently, All-Share Index fell by 1.5 per cent or 1,564.52 to close at 103,110.15, compared with 104,674.67 posted on Monday.
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Stocks: Investors gain N510bn as market hits 15-year high
The Nigerian capital market on Tuesday gained by N510 billion, closing at N39.69 trillion from N36.21 trillion recorded on Monday.
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NGX resumes after Christmas break with N238bn loss
NGX resumes after Christmas break with N238bn loss
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Nigeria stock market ends 2020 with 50.03% growth
The nation’s bourse on Thursday closed 2020 upbeat, appreciating by 50.03 per cent, with the All-Share Index crossing the 40, 000 mark on the last trading day, in spite of COVID-19 pandemic. Specifically, the All-Share Index which opened trading for the year at 26, 842.07 rose by 13, 428.65 points or 50.03 per cent…
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Stock Market Loses N277bn as Investors Prepare for Lockdown
Investors at the nation’s stock market lost N277 billion on Monday as some of them in Lagos and Abuja get ready for the total lockdown from Tuesday as announced by President Muhammadu Buhari on Sunday in his nationwide broadcast. The two major cities would be under lock and key for 14 days and if the…
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Stock Market Investors Lose N371bn in 24 hours
The gains posted by the Nigerian Stock Exchange (NSE) on Wednesday were quickly wiped out on Thursday following the decision of investors to take profit. The growth printed by the market at the midweek session was unexpected and the next day, investors took action by selling off in order to re-enter or watch situations from…