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Tag: Nigerian stock market

Stock Market

Business

₦63.79bn frenzy as investors flood Nigerian Stock Market in wild trading Week

The Services sector followed with 286.83 million shares worth ₦1.71 billion, while the Consumer Goods sector wasn’t left behind, recording…
Stock Market

Business

Nigerian Stocks explode with N186bn gain as confidence soars

Market capitalisation soared by 0.27 per cent, closing at an impressive N68.543 trillion, up from N68.357 trillion on Tuesday.
Stock Market

Business

Stock Market roars to life with N228bn gain, investors cheer

The market was fuelled by significant buying interest in medium and large-cap stocks, with International Breweries, Legend Internet Plc, Cadbury…
Stock Market

Business

Nigerian Stock Market booms as investors pump N342bn into equities

On the flip side, Tripple G led the losers with a 10 per cent drop to N1.98. MRS followed closely,…
Stock Market

Business

Traders Panic as Stock Market dips by N21Bn: Week kicks off with losses

Leading the gainers’ pack was ABBEY Mortgage Bank, surging 9.95% to close at N6.74 per share. UPDC Real Estate Investment…
Market

Business

Market bleeds ₦141bn in a day MTN, Oando drag NGX down

The All-Share Index fell by 224.91 points to close at 104,563.34, compared to Thursday’s 104,788.25, while market capitalisation tumbled from…
Stock Market

Business

Bull surge: Investors rake in N377bn as Nigerian Stock Market roars back to life

However, not all stocks shared in the day’s euphoria. On the losers’ end, ABC Transport shed 10 per cent, closing…
Stock Market

Business

Stock Market shudders: Market loses N8 billion amid investors panic

The decline was largely attributed to portfolio adjustments as investors sought dividends, leading to a wave of selling activity. Despite…
Stock Market

Business

Investors panic as Nigerian Stock Market loses N74 billion in one day

Despite the downturn, some stocks defied the odds. Mutual Benefits Assurance led the charge, soaring by 10 per cent to…
UBA

Business

UBA dividend sparks Stock Market boom as Investors rake in N369bn gain

The dividend revelation from UBA set off a chain reaction, boosting confidence in the banking sector and propelling market breadth…
Stock Market

Business

₦289bn wiped out! Stock Market crashes as investors panic

The downward spiral continued with WAPIC Insurance shedding 9.27 per cent to ₦2.35 per share, while MRS Oil Nigeria tumbled…
Stock Market

Business

Market Meltdown: NGX suffers N167bn crash as Indices plunge

Market sentiment remained negative, with 24 stocks posting losses against 22 gainers. Among the worst-hit were Tantalizer, which nosedived by…
Stock Market

Business

Stock Market crash: N48bn wiped out in another devastating blow

The latest downturn was largely driven by steep losses in key stocks, including Conoil and United Bank for Africa (UBA),…
Stock Market

Business

Market capitalisation gains N347bn as FCMB lists shares

Notably, the market capitalisation, which opened at N64.521 trillion, rose by 0.54 per cent or N347 billion to close at…
Stock Market

Business

Nigerian Stock Market soars by N795bn on GTCO’s bold listing

Consequently, the market capitalisation surged from N63.645 trillion to N64.440 trillion, while the All-Share Index rose by 0.79 per cent…
Stock Market

Business

2024: Stock market thrives amid banking reforms, new listings

According to the Nigerian Exchange Ltd. (NGX), the All-Share Index delivered a stellar return of 283.45 per cent since 2020,…
CIS and ASHON say attainment of ₦100 trillion capitalisation on NGX affirms the market’s resilience, depth and growing sophistication.

Business

NGX suffers ₦209bn blow as investors react to CBN rate hike

The market breadth closed negative, with 26 stocks declining while 23 gained. JohnHolt led the losers’ chart with a 10%…
CIS and ASHON say attainment of ₦100 trillion capitalisation on NGX affirms the market’s resilience, depth and growing sophistication.

Business

Nigerian Stock Market hits N17 billion gain

The market’s performance was primarily driven by gains in Guaranty Trust Holding Company (GTCO), Zenith Bank, United Bank For Africa(…
Stock Market

Business

Investors lose N49bn on sell pressure at Stock Market

Fidelity Bank led the activity log in volume and value with 1.05 billion shares worth N11.32 billion, AIICO Insurance followed…
Stock Market

Business

Nigerian stock market capitalisation gains N141bn

By Rukayat Adeyemi Trading at the Nigerian stock market started the week on a positive note, as all performance indices…
Stock Market

Business

Stock market gains further, up 0.7%

Specifically, the market capitalisation which opened at N57.293 trillion, gained N404 billion or 0.7 per cent to close at N57.697…
Stock Market

Business, News

Stock market posts losses, capitalisation down by N20bn

Specifically, the market capitalisation lost N20.6 billion or 0.07 per cent to close at N27.921 trillion from N27. 941 trillion…
Stock Market

Business

Nigerian stock market rebounds by N54bn

Transactions in the shares of Access Bank topped the activity chart with 48.08 million shares valued at N498.70 million.
Stock Market

Business

Nigerian Stock Market crashes after Christmas

Speficially, the market capitalisation which opened at N22.060 trillion lost N238 billion or 1.08 per cent to close at N21.822…
Stock Market

Business

Nigerian Stock Market extends losing streak by N71bn

 The Nigerian stock market extended its losing streak on Thursday by 0.32 per cent due to losses in some highly…
Stock Market

Business

Nigerian stock market opens October with N15bn gain

Trading in the domestic stock market resumed on Monday bullish with a gain of 0.05 per cent on investors’ interest…

Business

Nigerian stocks gain N334b on back of Dangote Cement

The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other…
CIS and ASHON say attainment of ₦100 trillion capitalisation on NGX affirms the market’s resilience, depth and growing sophistication.

News

Nigerian stock market grows by 3.88%, ahead of Yuletide

Few hours to Christmas, activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday on a bullish…

Opinion

Shareholders And The Unclaimed N70b Dividend

Over the years the value of unclaimed dividends in the Nigerian stock market has continued to increase. From a very…
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