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Stock Market
The Nigerian stock market edged higher on Monday as investors gained more than N288 billion following a sharp positive price appreciation in some tickers.
The Nigerian stock market capitalisation closed at N158.70 trillion at the end of July with a year-to-date return of 57.62% following significant sell-offs last week.
Zenith Bank, Access Holdings, FirstHoldco, among others, dragged the Nigerian Exchange (NGX) down by more than N1 trillion, further reducing year-to-date returns.
The Nigerian Exchange (NGX) delivered about a 59% return from the beginning of the year to date
The Nigerian Exchange (NGX) market capitalisation inched near the N160 trillion mark on Thursday as financial stocks rallied following sell pressures during the midweek session.
Equities investors trading highs and lows in the Nigerian Exchange (NGX) lost about N801 billion as buying momentum eased on Wednesday.
The Nigerian Exchange (NGX) market capitalisation topped N159 trillion on Tuesday….
Equities investors gained about N1.8 trillion on the Nigerian Exchange (NGX) as banking and industrial stocks drove momentum. The market opened strong as key market performance indicators increased by 1.12%.
The equities segment of the Nigerian Exchange (NGX) key performance indicators diverged due to Sterling Bank’s