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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 stock market expanded by more than N849 billion on Friday as investors’ attention shifted to tier-1 banks’ stocks, stockbrokers said.
The Nigerian stock market shed more than N32 billion in value from the equities portfolio
The equities segment of the Nigerian Exchange (NGX) closed lower as the benchmark All-Share Index (ASI) declined by 0.21% to settle at 242,366.75 points.
The Nigerian Exchange (NGX) All-Share Index (ASI) rebounded on Tuesday, driven by buying interest….
Equities investors lost more than N1.3 trillion as the Nigerian Exchange (NGX) opened…
Nigerian stocks extended their rally on the local bourse, with investors gaining….