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Tag: Equity Market

Transcorp top gainers chart as NGX closes at 78,020.54 points
News

Equity market records N476bn loss in weekly performance

The Nigerian stock market declined, losing N476.0 billion in one week as investors traded 1.818 billion shares worth N47.226 billion across 64,222 deals. This marks a slight drop from the previous week’s 1.848 billion shares valued at N51.387 billion in 63,090 deals. Market capitalization declined by 0.71% to N66.717 trillion from the previous week, while […]

Nestle, others cost equity market 51bn loss
News

Equity market enters green zone, gains N165bn

Tuesday saw the return of the equity market to the green after two days of negative activity. According to The PUNCH, after losing about N2.5 trillion over the course of the previous two trading days, investors saw N165 billion added to their holdings. The market capitalization finished at N55.46 trillion, the benchmark index settled at […]

Equities market investors lose N481bn as glory trend continues
News

Equities market investors lose N481bn as gloomy trend continues

Equity market investors lost about N481 billion at the end of trading on Thursday due to sell-offs and declining interest. The PUNCH reported that the yield on the one-year Nigerian Treasury Bill increased to 19% on Wednesday as a result of investors in Nigeria shifting their focus to Treasury Bills during the country’s main market auction. […]

Equity market maintains positive trend with N673bn gain
Business

Equity market maintains positive trend with N673bn gain

The equity market continued to rise on Monday, with investors gaining N673 billion. The PUNCH reported that the All-Share Index and the exchange’s market capitalization increased by 1.30 per cent at the end of trade to close at 95,768.12 basis points and N52.408tn, respectively. Market participation decreased despite the favourable trading, as the volume and value of […]

Nestle, others cost equity market 51bn loss
Business

Higher private sector engagement will boost equity market – Operators

Some capital market participants believe that the 2024 Appropriation Bill’s substantial dependence on the private sector for development projects will fuel a bullish run in the stock market. According to The PUNCH, this was revealed in exclusive interviews as stakeholders make predictions for the coming year. Analysts’ Data Services and Resources, a data and research firm, […]

Equity investors lose N1.5tn as bond yield rises
Business

Positive trading boosts equity market by N464bn

The Nigerian equity market gained N35 billion after the closing of trade on Tuesday on the Nigerian Exchange Limited. According to The PUNCH, this represented an increase in the figure of gains from Monday, which was almost N9 billion. The All-Share Index, which tracks the movement of stocks on the exchange, and market capitalization both […]

NGX Group reports N5.2bn after tax
Banking

Equity market gains N464bn due to positive trading

Investors in the Nigerian Exchange made N464 billion after the exchange recorded four positive trading sessions last week. According to The PUNCH, investors gained N501 billion as a result of the market’s bullish opening and sustained enthusiasm through Thursday. However, Friday’s market drop was caused by sell-offs in a few banking firms. The NGX All […]

Nestle, others cost equity market 51bn loss
Business

Equity market ASI hits all-time high

The Nigerian Exchange Limited’s All-Share Index reached a historic high of 70,000 basis points at the close of trade on Wednesday, following many days of strong performance. The PUNCH reported that given that the market concluded in October with a gain of over N1.7 trillion, this signaled a successful start to trading operations in November. […]