Equity market sheds N1bn

June 29, 2022 Amaka Ifeakandu,Lagos 0

Trading activities on the floor of Nigerian Exchange on Tuesday declined marginally shedding N1 billion. Market capitalisation of listed equities fell by 0.003 per cent to N27.927 trillion from N27.928 trillion reported the previous day. The NGX All Share Index also depreciated by 1.50 basis points to 51802.48 points from 51803.98 points traded the previous day. Investors traded 416.469 million Read More

Equity market gains N131bn

June 24, 2022 Amaka Ifeakandu Lagos 0

The domestic equity market index on Thursday rose by 241.52 basis points to close at 51618.73 points from 51377.21 points recorded the previous day. Market capitalisation of listed equities also increased by N131 billion or 0.47 per cent to N27.828 trillion from N27.697 trillion reported on Wednesday. Investors traded 223.245 million shares valued at N2.858 billion in 4028 deals against Read More

Bulls show force as equity market gains N153bn

June 23, 2022 Amaka Ifeakandu, Lagos 0

Transactions on the floor of the Nigerian Exchange (NGX) yesterday sustained growth trend as the two market indicators yesterday increased by 0.56 per cent. The NGX All Share Index appreciated by 285.46 basis points to 51377.21 points from 51091.75 points traded on Tuesday. Market capitalisation of listed equities appreciated by N153 billion to N27.697 trillion from N27.544 trillion reported the Read More

Equity market loses N183bn as profit taking persists

June 15, 2022 Amaka Ifeakandu, Lagos 0

Transactions on the floor of Nigerian Exchange (NGX) sustained bearish run, shedding N183 billion as profit booking continued to dominate the market. Market capitalisation of listed equities declined by 0.64 per cent to N28.451 trillion from N28.634 trillion recorded on Tuesday. The NGX All Share Index also depreciated by 388.24 basis points to 52775.40 points from 53113.64 reported the previous Read More

Equity market loses N13bn

June 9, 2022 Amaka Ifeakandu, Lagos 0

The nation’s equity market yesterday sustained bearish sentiments as market indicators declined by 0.4 per cent. Market capitalisation of listed equities depreciated by N13 billion to N28.664 trillion from N28.677 trillion reported the previous day. The NGX All Share Index also dropped by 23.25 basis points to 53170.73 points from 53193.98 points recorded on Wednesday. Investors traded 318.417 million shares Read More

Bears return as equity market loses N41bn

June 8, 2022 Amaka Ifeakandu, Lagos 0

Investment in the nation’s equity market yesterday returned to negative trend, shedding N41 billion as investors engage in profit booking. Market capitalisation of listed equities declined by 0.14 per cent to N28.677 trillion from N28.718 trillion traded on Tuesday. The NGX All Share Index also depreciated by 76.90 basis points to 53193.98 points from 53270.88 points reported the previous day. Read More

Equity market closes negative sheds N72bn

June 2, 2022 Amaka Ifeakandu, Lagos 0

The nation’s domestic equity market yesterday sustained negative trend gaining N72 billion as profit taking in the market persist. Market capitalisation of listed equities declined by 0.25 per cent to N28.486 trillion from N28.558 trillion reported the previous day. The NGX All Share Index also depreciated by 133.94 basis points to 52840.21 points from 52974.15 points reported on Wednesday. Investors Read More

Equity market closes higher, gains N557bn

May 12, 2022 Amaka Ifeakandu, Lagos 0

Equity market yesterday returned to bullish run, appreciating by N557 billion. The NGX trading result showed that market capitalisation of listed equities increased by 1.9 per cent to N28.485 trillion from N27.928 trillion reported the previous day. The NGX All Share Index also appreciated by 1033.04 basis points to 52838.45 points from 51805.41 points recorded the previous day. Investors traded Read More

Bears return as equity market sheds N109bn

March 25, 2022 Amaka Ifeakandu 0

Transactions on the floor of Nigerian Exchange (NGX) Thursday closed in bearish trend, shedding N109 billion. The market capitalisation of listed equities fell by 0.43 per cent to N25.309 trillion from N25.418 trillion reported the previous day. The NGX All Share Index also depreciated by 203.65 basis points to 46960.29 points from 47163.94 points reported on Wednesday. Investors traded 214.699 Read More

Equity market sheds N52bn

March 23, 2022 Amaka Ifeakandu Lagos 0

Transaction on the floor of Nigerian Exchange (NGX) Tuesday continued on negative trend, shedding N52 billion as investors traded with caution to avert any losses. Market capitalisation of listed equities declined by 0.20 per cent to N25.414 trillion from N25.466 trillion reported on Monday. The NGX All Share Index also depreciated by 95.37 basis points to 47156.56 points from 47251.93 Read More

Equity market sheds N47bn

March 15, 2022 Amaka Ifeakandu, Lagos 0

Trading activities on the floor of Nigerian Exchange (NGX) yesterday sustained declining trend, shedding N47 billion as investors trade with caution to avert impact of Russian and Ukraine war. Market capitalisation of listed equities dropped by 0.2 per cent to N25.514 trillion from N25.561 trillion reported the previous day. The NGX All Share Index also depreciated by 87.81 basis points Read More

Equity market opens negative, sheds N58bn

March 15, 2022 Amaka Ifeakandu Lagos 0

Trading activities on the floor of Nigerian Exchange (NGX) Monday declined marginally, shedding N5 billion. Market capitalisation of listed equities decreased by 0.02 per cent to N25.561 trillion from N25.566 trillion reported on Friday. The NGX All Share Index also depreciated by 8.81 basis points to 47428.67 points from 47437.48 points traded the previous day. Investors traded 1.280 billion shares Read More

Local equity sustains bull run, gains N41bn

March 10, 2022 Amaka Ifeakandu Lagos 0

Investment in the domestic equity market yesterday sustained a growth trend, gaining N41 billion as impressive earnings and high payout dividend from corporate actions continued to hit the market. Operators are of the view that the market will maintain a positive trend as all eyes are still waiting other dividend paying stocks to release their corporate actions for the 2021 Read More

Equity market rebound, gains N72bn

March 10, 2022 Amaka Ifeakandu, Lagos 0

Trading activities on the floor of Nigerian Exchange NGX yesterday rebounded, gaining N72 billion as investors continue to reposition investment on high paid dividend. Operators said despite the good performance of most stock the Russian and Ukraine war is likely to affect the market gradually. They said with strength of companies’ impressive earnings and changing market conditions, players are advice Read More

Equity market sustains bearish run, sheds N58bn

March 9, 2022 Amaka Ifeakandu, Lagos 0

Trading activities on the floor of Nigerian Exchange (NGX) yesterday sustained negative trend, shedding N58 billion as the market continue to witnessed sell-offs of shares by local investors. Operators said that while some investors are selling off their shares for profit booking, others are selling to reposition in the dividend paying stocks ahead of the close of the company register. Read More

Bears return as equity market sheds N66bn

March 3, 2022 Amaka Ifeakandu, Lagos 0

Transactions on the floor of Nigerian Exchange (NGX) yesterday returned to bearish trend, shedding N66 billion. The NGX daily trading result showed that market capitalisation of listed equities decreased by 0.26 per cent to N25.524 trllion from N25.590 trillion recorded the previous day. The NGX All Share Index also depreciated by 121.94 basis points to 47360.79 points from 47582.73 points Read More

Equity market rebound, gains N35bn

February 25, 2022 Amaka Ifeakandu 0

Transactions on the floor of the Nigerian Exchange (NGX) Thursday looked northward, appreciating by N35 billion. Specifically, market capitalisation of listed equities increased by 0.14 per cent to N25.477 trillion from N25.442 trillion reported the previous day. The NGX All Share Index also appreciated by 64.77 basis points to 47272.04 points from 47207.27 points traded on Wednesday. Investors during the Read More

Equity market maintains growth trend, gains N7bn

February 23, 2022 Amaka Ifeakandu 0

Trading activities at the nation’s domestic equity market Tuesday sustained growth profile, gaining N7 billion as full year financial result for 2021 hits the system. Market capitalisation of listed equities increased by 0.03 per cent to N25.463 trillion from N25.456 trillion reported the previous day. The NGX All Share Index also appreciated by 12.99 basis points to 47246.90 points from Read More

Equity market opens on a positive note, gains N50bn

February 22, 2022 Amaka Ifeakandu 0

Trading activities on the floor of Nigerian Exchange (NGX) on Monday took positive trend, gaining N50 billion. Specifically, market capitalisation of listed equities increased by 0.19 per cent to N25.456 trillion from N25.406 trillion it closed on Friday. The NGX All Share Index also appreciated by 93.43 basis points to 47233.91 points from 47140.48 points reported the previous day. Investors’ Read More

Equity market rebounds, gains N24bn

February 16, 2022 Amaka Ifeakandu 0

Transactions on the floor of Nigerian Exchange Wednesday rebounded, gaining N24 billion. Specifically, market capitalisation of listed equities increased by 0.09 per cent to N25.385 trillion from N25.361 trillion reported on Tuesday. The Nigerian Exchange (NGX) also appreciated by 44.43 basis points to 47109.25 points from 47064.82 traded on Tuesday. Investors traded 318.269 million shares valued at N8.27 billion in Read More

Equity market sustains growth, gains N262bn

February 1, 2022 Amaka Ifeakandu 0

Local equities yesterday closed on positive trend gaining N262 billion as investors continue to reposition for dividend paying stocks. Operators said that they are not surprised over the market growth trend as there was expectation that the bullish trend recorded in the month of January would extended to the first week in February. Admitting that the market witness increased investment Read More

Equity market opens in positive trend, gains N226bn

January 31, 2022 Amaka Ifeakandu 0

Trading activities on the floor of Nigerian Exchange (NGX) yesterday opened week in positive note, appreciating by N226 billion. Specifically, market Capitalisation of listed equities increased by 0.90 per cent to N25.124 trillion from N24.898 trillion reported the previous day. The NGX All Share Index also appreciated by 419.62 basis points to 46624.67 points from 46205.05 points traded the previous Read More

Equity market dips by N281bn as investors engage in sell-offs

January 28, 2022 Amaka Ifeakandu 0

Transactions on the floor of Nigerian Exchange NGX) Thursday trended downward, as sell-offs and profit booking in Dangote Cement drag the Market in the face of impressive unaudited earnings hitting the Market. Specifically, market capitalisation of listed equities declined by N281 billion or 1.12 per cent to N24.792 trillion from N25.073 trillion reported the previous day. The NGX All Share Read More

Equity market gains N248bn

January 20, 2022 Amaka Ifeakandu 0

Trading activities on the floor of Nigerian Exchange yesterday sustained its positive outing for the third consecutive session, as the benchmark NGX All Share Index increased significantly on a higher traded volume, driven by demand for high cap and dividend paying stocks. The Nigerian Exchange (NGX) All Share Index also appreciated by 460.38 basis points to 45890.52 points from 45430.14 Read More

Equity market sustains growth, gains N417bn

January 20, 2022 Amaka Ifeakandu 0

The NGX All Share Index ASI rebounded at the close of Transactions yesterday, increasing by 1.73 per cent amid renewed bargain hunting activity. The NGX ASI appreciated by 774.25 basis points to 45430.14 points from 44655.89 points traded the previous day. Market capitalisation of listed equities also increased by N417 billion or 1.73 per cent to N24.476 trillion from N24.059 Read More