Tag: stock market
Stocks soar as Investors gain ₦745bn in bullish Market rally
On the downside, Champion Breweries led decliners after shedding 8.51 per cent to close at ₦15.05. Eunisell Interlinked fell by…
Stocks add N409bn as rally on Nigerian Exchange extends
The Nigerian equities market extended its bullish momentum on Wednesday, with investors gaining N409 billion as renewed buying interest lifted…
Stock Market roars into New Year as Investors pocket ₦561bn gain
Nigeria’s stock market began the new year on a bullish note on Friday, delivering a ₦561 billion boost to investors’…
Sharp decline in trading overshadows Stock Market’s modest rebound
Despite the index recovery, trading activity weakened significantly. Investors exchanged 324.6 million shares worth N13.1 billion in 18,328 deals, far…
Stock Market in turmoil as NGX bleeds N165bn
Access Corporation transacted 26.9 million shares worth N716.9 million, while Guaranty Trust Holding Company recorded 21.33 million units valued at…
Stock Market boom: Investors rake in N793bn as NGX hits N85trn milestone
On the flip side, Tripple Gee declined by 10 per cent to N3.51, followed by Tantalizer which shed 8.55 per…
Nigerian Stock Market surges ₦486bn despite short trading week
Tantalizer emerged as the most traded equity by volume, moving over 420 million shares valued at ₦946 million. Guaranty Trust…
Nigerian Stock Market explodes with N307bn surge amid investor frenzy
Leading the charge on the gainers' chart, FG142027S1 saw a staggering 22.75% rise, closing at N120.00, while UPDCREIT soared by…
Nigerian exchange shrinks as equities investors lose N659bn
The stock market opened the week on a negative note, with performance indices showing mixed results.
Stock Market stunner: Investors wake up to N52bn Windfall
The market capitalisation of the Nigerian Exchange Ltd. (NGX) increased to N66.769 trillion, up from N66.717 trillion recorded last Friday.…
Investors lose N56bn at Stock Market
Specifically, sell-offs in the stocks of Guaranty Trust Holding Company (GTCO), Zenith Bank, FBN Holdings, Fidelity Bank, Wema Bank, as…
Appointment: FBN Holdings share value down 84% on stock market
Olayinka said that the sudden resignation of Adeduntan before the expiration of his tenure on Dec.31, 2024, might not be…
Stock market rebounds with N57bn gain amidst buying interest
The market capitalisation, which opened at N56.447 trillion, rose by 0.10 per cent to reach N56.504 trillion by the close…
Investors on stock market gain N899bn
On the gainers’ table, Sterling Nigeria, Neimeth International Pharmacy (NEIMETH) and Transcorp led in percentage terms of 10 each to…
Stock market crashes by N42bn
The All-Share Index (ASI) also declined by 73.56 basis points or 0.17 per cent to close at 43, 839.08 from 43,912.64…
Stock market drops by N124bn as sell pressure persists
The All-Share Index (ASI) also dropped by 231.57 points or 0.47 per cent to close at 49,190.34 from 49,421.91 recorded…
Stock market suffers N291bn loss in four days
Investors have suffered losses totalling N291bn in the four days since the second half of the year began. The market,…
Oil slumps to lowest price in a year as stock markets sink
Oil prices fell more than four per cent on Thursday, hitting their lowest in more than a year on worries…
Stock markets fall amid trade fears
Stock markets have fallen sharply amid fears of a further deterioration in US-Chinese trade relations.
Stock market downturn: Operators seek monetary policy review
Some capital market operators on Wednesday called for downward review of the monetary policy to revitalise economic activities and boost…
Nigeria financial markets suffer after JP Morgan expulsion
Nigeria’s stocks sunk on Wednesday after JP Morgan said it would eject Africa’s biggest economy from its influential emerging markets…
Naira hits new low, now N241 for $1
LAGOS, (Reuters) – The naira has hit a new low against the dollar in the black market. It sold for…
NSE market indices drop further by 0.14%
Transactions on the Nigerian Stock Exchange (NSE) for the second consecutive day in the week closed on a negative note,…
Poll shift affects naira, stock exchange
The postponement of Nigeria’s general election has hit the country’s faltering economy, adding to existing pressures caused by the global…
Capital market indices up by 0.52%
Transactions in the Nigerian Stock Exchange (NSE), reopened on Monday on a bullish trend with the market capitalisation appreciating by…
From stock market to weddings, Nigeria polls shift wreaks havoc
The band was booked, invitations had been sent to 500 guests and two caterers hired to prepare a range of…
NSE market indices record further depreciation
Weekly activities at the Nigerian Stock Exchange (NSE) ended on a negative note on Friday as market indicators recorded a…
Death of Total CEO crashes stock market
Shares in French oil major Total fell by 1.37 percent on the Paris stock market on Tuesday following the death…
NSE market indices record growth
Weekly transactions on the Nigerian Stock Exchange (NSE) closed upward on Friday as the market indicators appreciated marginally by 0.10…
EFCC tasks stock market operators on integrity
The Economic and Financial Crimes Commission, EFCC, has charged stakeholders in the Nigerian capital market to be transparent and operate…