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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.
NGX Loses N85bn as Investors Take Quick Profit The Nigerian Exchange, NGX, lost about N85…
Equities investors lost about N103 billion on Monday as Nigerian Exchange (NGX) opened the week negative. The local bourse halted last session’s winning streak as investors lost N102.55 billion, following sell-offs in Tier-one banking stocks and cautious trading.
Equities investors gained about N142 billion on Monday in the local exchange as stocks rally. Data from the Nigerian Exchange showed that key performance indicators improved following fresh bargain hunting on fat or high valuation stocks.
The equities market continued to trade negatively due to downbeat investors’ sentiment in the local bourse.
Equities investors lost about N500 billion at the start of the new week due to selling pressures on Airtel Africa, Stanbic IBTC …
The Nigerian Exchange (NGX) is trading negative during the intraday trading session on Monday as investors launch fresh selloffers.