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Stock Market
Transcorp Power and some tier-1 banks drove momentum on the Nigerian Exchange (NGX), pushing the All-Share Index
The Nigerian stock market halted its single-day relief rally on Wednesday as sell pressure hit FirstHoldco (4.59%), Zenith Bank (1.21%), Access Holdings (6.12%), UBA (0.24%), and GTCO (0.08%).
Industrial stocks led the relief rally on the Nigerian Exchange (NGX) as the total equities portfolio value climbed N411 billion, halting the downtrend on Tuesday.
Equities investors lost about N1.47 trillion in the Nigerian stock market as sell pressure hit Dangote Cement and tier-1 banking on Monday, trading data revealed.
The equities market capitalisation sank below N160 trillion on Monday as bears strike harder
The Nigerian equities market capitalisation dropped by N534 billion to N160/73 trillion…
Nigerian Exchange (NGX) lost about N109 billion in market capitalisation on Friday as investors dumped shares in top banking names.