Nigerian stock market has recorded a significant gain of N1.077 trillion in a bullish week, driven by increased investor demand for banking stocks. The market capitalization rose by 1.37% to close at N79.803 trillion, while the All-Share Index (ASI) increased by 1,702.79 points or 1.37% to settle at 126,149.59....
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By JOY ADARA, Abuja – Nigerian stock market opened the week on a negative note, with key performance indices dipping marginally by 0.01% on Monday. The market capitalization fell by N11 billion, dropping from N75.962 trillion to N75.951 trillion. The All-Share Index declined by 17.19 points, closing at 119,978.57....
Nigerian stock market ended the week on a bearish note, with investors recording a significant loss of N491 billion. The market capitalization declined by 0.64% to close at N75.962 trillion, down from N76.453 trillion the previous week. The All-Share Index also dropped by 776.92 points or 0.64% to 119,995.76...
Nigerian stock market recorded a significant gain of N1.185 trillion, driven by strong buying interest in medium and large-capitalized stocks, including Dangote Sugar and Oando. This substantial growth has boosted the market’s overall performance, showcasing the resilience and potential of the Nigerian economy. The market capitalization surged by 1.57%...
The Nigerian stock market continued its bullish trend on Friday, ending the week with N175 billion gain. Market capitalisation rose by N175 billion, or 0.24 per cent, to close at N74.533 trillion, up from N74.358 trillion recorded on Thursday. Similarly, the All-Share Index (ASI) rose by 277.09 points, or...
Nigerian stock market rebounded on Wednesday after a two-day loss, with investors gaining N1.184 trillion. The market capitalisation rose by N1.184 trillion, or 1.63%, to close at N73.681 trillion. The All-Share Index (ASI) also rose by 1,876.71 points, or 1.63%, settling at 116,786.87. According to the market report, “This...
By MBAFAN ADE, Abuja- Nigerian stock market witnessed a significant downturn on Tuesday, with investors losing ₦183 billion in total market value. The Nigerian Exchange Ltd. (NGX) market capitalization dropped to ₦72.497 trillion from ₦72.680 trillion. The All-Share Index fell by 348.61 points or 0.30%, closing at 114,910.16. Key...
By MBAFAN ADE, Abuja- The Association of Securities Dealing Houses of Nigeria (ASHON) has expressed concern over the Central Bank of Nigeria’s (CBN) recent circular suspending dividend payments by banks, citing potential stock market volatility. ASHON Chairman, Mr. Sam Onukwue, described the timing of the directive as “inopportune,” given...
By MBAFAN ADE, Abuja– Nigerian stock market opened the week on a negative note on Monday, with its key performance indicators experiencing a decline of 0.15%. The market capitalization shed N108 billion, closing at N72.680 trillion, down from N72.788 trillion recorded on Friday. The All-Share Index also declined, losing...
The Nigerian stock market has concluded the week on a strong note, with the market capitalization increasing by N1.157 trillion, representing a 1.63% gain. This significant growth has boosted the market’s value to N72.275 trillion, up from N71.118 trillion recorded on Wednesday. The All-Share Index (ASI) also experienced a...
Stock market began the week on a positive note on Monday as investors gained N173 billion and performance indices soared by 0.25per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation climbed by N173 billion, rising to N70.635 trillion from N70.462 trillion on Friday. The All-Share Index also increased...
The stock market on Friday closed the week on a bearish note, as key performance indicators dipped by 0.07 per cent. Specifically, the market capitalisation declined by N48 billion, or 0.07 per cent, to N70.462 trillion from N70.510 trillion recorded on Thursday. The All-Share Index also dropped by 0.07...
Nigerian stock market continued its bullish trend on Tuesday, recording a N1.086 trillion gain. Market capitalisation rose by N1.086 trillion, or 1.57 per cent, to close at N70.38 trillion, up from N69.291 trillion recorded on Monday. Similarly, the All-Share Index (ASI) rose by 1,721.29 points, or 1.57 per cent,...
The stock market on Wednesday closed on a negative note, as performance indices dipped by 0.10 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation dropped by N70 billion, falling to N68.895 trillion from N68.965 trillion on Tuesday. The All-Share Index also declined by 111.37 points or 0.10...
The stock market extended its rally for a fifth consecutive session on Thursday, adding N240 billion to market capitalisation. Market capitalisation increased to N68.652 trillion, representing 0.35 per cent increase from the opening value of N68.412 trillion. The All-Share Index also rose by 382.13 points, or 0.35 per cent,...
The Nigerian stock market extended its positive trend, appreciating by N307 billion amid increased buying interest. Market capitalisation rose by N307 billion or 0.45 per cent to close at N68.412 trillion, compared with N68.105 trillion on Tuesday. Similarly, the All-Share Index (ASI) also climbed by 488.73 points or 0.45...
The Nigerian stock market opened the week on a bullish note on Monday, gaining N228 billion on the Nigerian Exchange Ltd. Market capitalisation rose by N228 billion or 0.34 per cent and closed at N66.693 trillion compared to Friday’s figure of N66.465 trillion. Similarly, the All-Share Index (ASI) climbed...
Nigerian stock market opened the week on a bullish note on Tuesday, gaining N318 billion on the Nigerian Exchange Ltd after the two-day Easter break. Market capitalisation rose by N318 billion or 0.49 per cent, closing at N65.817 trillion compared with Thursday’s figure of N65.499 trillion. Similarly, the All-Share...
Trading on the Nigerian Exchange Ltd. (NGX) ended negatively on Wednesday, with market capitalisation falling by N445 billion after a day of positive performance. The NGX market capitalisation dropped by N445 billion, or 0.68 per cent, closing at N65.259 trillion, down from Tuesday’s N65.704 trillion. Similarly, the All-Share Index...
Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, reversing several days of bearish trends, with a gain of N101 billion. The NGX market capitalisation rose by N101 billion or 0.15 per cent, closing at N65.589 trillion, up from N65.488 trillion on Monday. Similarly, the All-Share Index (ASI) increased by 159.88...