Tag: #NigerianStockMarket
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NIGERIA STOCK MARKET SURGES, INVESTORS TRADE N20 BILLION IN A DAY
On Friday, the Nigerian stock market roared back to life with investors trading a whopping 1.826 billion shares worth N20.03 billion across more than 20,000 deals—way up from Thursday’s 324.6 million shares worth N13.05 billion. This big jump reflects fresh confidence and widespread strength in the market. Access Corporationled the activity, trading over 103 million…
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NIGERIAN STOCK MARKET RECORDS 4TH CONSECUTIVE LOSS, INVESTORS LOSE N348 BILLION
The Nigerian equities market slumped for the fourth straight session on Thursday, resulting in a staggering loss of N348 billion for investors. Key stock selloffs including Legend Internet, Champion Breweries, and Tantalizer triggered a 0.36% dip in market capitalisation, which closed at N95.316 trillion compared to an opening of N95.664 trillion. The All-Share Index similarly…
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NIGERIAN STOCK MARKET BOUNCES BACK WITH N285 BILLION GAIN ON FRIDAY
The Nigerian stock market ended a four-day losing streak on a high note Friday, adding N285 billion to investors’ portfolios. Renewed interest in key stocks like Julius Berger, Learn Africa, Cornerstone Insurance, Aso Savings, and Ikeja Hotel boosted market sentiment and pushed the All-Share Index up by 449.80 points to close at 154,126.46. The market…
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NIGERIAN STOCK MARKET CLOSES WEEK STRONG, ADDS ₦733 BILLION TO INVESTORS’ PORTFOLIOS
Friday’s trading saw the Nigerian Exchange Limited (NGX) market cap grow from ₦98.059 trillion to ₦98.792 trillion, boosting the All-Share Index (ASI) by 0.75% to 155,645.05 points. This positive momentum was driven by strong investor demand in key stocks including Aso Savings, Ikeja Hotel, Regency Alliance Insurance, Caverton Offshore, and Aradel Holdings. Market breadth was…
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NIGERIAN STOCK MARKET SURGES WITH 57% RISE IN VOLUME AND N479 BILLION GAINS
The Nigerian Stock Exchange saw a bullish day on Thursday with 926.9 million shares traded, valued at N26.9 billion across 30,703 deals—a 57% increase in volume and a 12% growth in turnover compared to the previous day. Japaul Gold led trading by volume with 436 million shares, while Lafarge WAPCO topped the value chart at…
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NIGERIAN EQUITIES MARKET EXTENDS GAINS, INVESTORS POCKET ₦963 BILLION
The Nigerian stock market continued its winning streak on Tuesday, with investors collectively gaining ₦963 billion. The market capitalisation rose to ₦96.134 trillion, while the All-Share Index inched up by 0.01%, closing at 151,456.91 points. Key stocks like SCOA Nigeria, Omatek, BUA Foods, and Vitafoam led the charge, fueling the market’s positive momentum. Despite the…
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NIGERIAN STOCK MARKET BOUNCES BACK WITH N20 BILLION GAIN
After a tough day, Nigeria’s stock market is back in the green! Investors gained N20 billion with renewed interest in key stocks leading the charge. On Wednesday, the market reversed previous losses, closing with a N20 billion boost, pushing market capitalization from N93.756 trillion to N93.776 trillion. The All-Share Index climbed by 0.20%, settling at…
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EQUITIES MARKET TAKES A BREATHER AFTER 12-WEEK WINNING STREAK
After 12 straight sessions of gains, Nigeria’s stock market recorded its first loss on Tuesday, with market capitalization slipping by ₦4 billion to close at ₦93.756 trillion. The All-Share Index dipped slightly by 6.27 points, driven by selloffs in stocks like Austin Laz, Deap Capital, Fidson, and Berger Paints. Market breadth showed 36 losers versus…
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STOCK MARKET ENDS WEEK WITH N618 BILLION GAIN ON STRONG BIG-CAP INTEREST
Nigerian equities surge as medium and large stocks draw investor confidence. The Nigerian Stock Market closed the week on a high note, with market capitalization increasing by N618 billion (0.7%) to reach N89.96 trillion. The All-Share Index gained 984 points to close at 142,133, supported by 36 gainers versus 23 losers. Top gainers included Thomas…
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NGX ALL-SHARE INDEX RISES 0.92%, INVESTORS GAIN N822 BILLION FOR THE WEEK
Positive market momentum with steady gains despite mixed sector performances. The Nigerian Exchange (NGX) All-Share Index closed the week up 0.92% at 141,845.35, boosting market capitalization to N89.744 trillion. Investors gained N822 billion overall, led by strong activity in Financial Services, ICT, and Services industries. Top gainers included Guinness Nigeria and Multiverse Mining, while Omatek…
