Tag: #NigeriaStocks
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NIGERIA STOCK MARKET HITS N687BN GAINS AS BULLISH RUN CONTINUES
Investors ride high on strong blue-chip stocks, boosting market confidence. The Nigerian stock market closed Tuesday on a high note, with investors gaining N687 billion as buying interest persisted in major equities. The All-Share Index rose 1,084.68 points (0.54%) to 202,559.57, while market capitalisation hit N130.026 trillion. Top gainers included BUA Cement (+10%), Premier Paints…
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NGX ALERTS INVESTORS ON UNUSUAL SHARE PRICE SWINGS
Sharp, unexplained stock movements spark caution as NGX warns against rumor-driven trades. The Nigerian Exchange (NGX) has flagged unusual volatility in some listed stocks, noting that recent sharp price swings may not reflect company fundamentals. In a Monday alert, the Exchange urged investors to rely only on verified information and thorough analysis of company performance…
