Tag: #StockMarketUpdate
-
NIGERIAN STOCK MARKET SLIPS AS MARKET CAP FALLS BY N1.17 TRILLION
The equities market kicked off the week on a downbeat note, with market capitalisation dropping by N1.173 trillion, or 1.26%, on Monday. Profit-taking in major stocks like Dangote Cement, Enamelware, Transcorp Power, AIICO Insurance, and Guinea Insurance weighed heavily on the market. Market cap closed at N92.328 trillion, down from its opening value of N93.501…
-
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…
-
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…
-
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…
-
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,…
