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Tag: Investors

How investors made N851bn in a day - Report
Business

How investors made N851bn in a day – Report

Nigeria’s equities market saw one of the greatest one-day gains in 2023 on Monday, with investors capitalizing on the latest market rise to gain N851 billion. The All-Share Index and equity capitalization increased from 63,040.41 points and N34.326tn to 64,603.69 points and N35.177tn, respectively, increasing the market by 2.48 percent. The common value-based index known […]

Investors gain N441bn as stock market rebounds
Economy

Investors gain N441bn as stock market rebounds

        The Nigerian equity market rebounded strongly on Wednesday, with investors gaining N441 billion at the end of the trading session. According to The PUNCH, the All-Share Index rose 1.33 per cent to 61,523.57 points at the close of trading, breaking the previous day’s record of 60,715.04 points. In stark contrast to […]

Investors gain N534bn as stock market opens for Q2 23
Business

Investors gain N534bn as stock market opens for Q2 23

Investors won almost N534 billion, on Monday, helping the stocks market on the Nigerian Exchange Limited, start the week off well. According to Vanguard, another stock market indicator, the NGX- All Share Index, or ASI, increased by 1.6% to 61,949.24 points as a result of increased investor interest in MTN Nigeria, which rose to 1.7%, Stanbic IBTC, which […]

Banks dollar sale drops as naira falls to N1,479
Business

Investors gain N421bn as stock market hits five-year high

Investors in the Nigerian stock market made N421 billion on Tuesday, reaching its highest point in 15 years. According to Vanguard, since the new government took office on May 29, 2023, stock market activity has been unstable as investors have continued to wager on how the new administration’s economic objectives will affect the value of stocks. […]

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Nigerian investors gain N213bn in December

  Nigerian stocks maintained their upward trend throughout the week to post net capital gains of N213 billion during the festive period. According to the Nation, the average return on the Nigerian stock market was 0.79 percent, which corresponds to a net capital gain of N213 billion. This caused the average year-to-date return on the […]