Tag: positive

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 […]

Penny stocks predict positive returns for investors
Business

Penny stocks predict positive returns for investors

Penny stocks such as insurance companies, Sterling Financial Holdings Company Plc, and JapaulGold, among others, are expected to perform well on the Nigerian Exchange Limited this year. The PUNCH revealed that this is according to the FY 2023 Review and 2024 Outlook report compiled by financial services holding company, Afrinvest. The stocks included in this projection […]

Manufacturers warn price hikes to persist without solutions
featured

2024 may not be positive, Nigerian manufacturers reveal

The Manufacturers Association of Nigeria, has stated that 2024 may not be a good year for the Nigerian manufacturing industry, at least not in the first half of the year. According to Arise News, the declaration was contained in MAN’s “Manufacturing Sector Outlook for 2024,” which was released on Tuesday by MAN’s Director General, Mr. […]

The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation
News

Nigerian Stock Exchange begins 2024 on positive note

The Nigerian Stock Exchange started on a positive note as the All-Share Index broke beyond the 75,000 barrier. The closing value of the All-Share Index was 75,990.88 points, an increase of 1,217.11 points or 1.63%. The market capitalization closed at N41.583 trillion on the first trading day of the year, with equities up N663 billion. […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]