Tag: #NigerianStockMarket
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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…
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NIGERIAN STOCK MARKET CLOSES WEEK LOWER AMID PROFIT-TAKING, WEEKS AFTER BULLISH RUN
The Nigerian stock market ended the week down by 0.56%, with market capitalisation dropping by N516 billion to N92.214 trillion. The All-Share Index fell by 815.80 points to 145,754.91, pressured mainly by profit-taking in stocks like Abbey Mortgage Bank, Custodian Investment, and Deap Capital Management. Despite the dip, market breadth was positive with 42 gainers,…
