Browsing: Investors

Equity market sinks to ₦11.505 trillion amid COVID-19 Bouts. As Nigerians are becoming apprehensive following an increase in reported cases of COVID-19, the performance of equity market today plunged as year to date losses widen.

NSE: Year to date losses widen to 16% as investors fortunes plunge. Whirlwind of sell-offs has persisted on the Nigerian Stock Exchange, thus widen year to date losses to 16% on Tuesday.

MTNN earnings beat fails to lift share price 7-trading session straight MTN Nigeria Plc. share price has been on declining…

Unattractive yields: investors wait on sideline, hold for medium-long term instruments

SEC generates N194.48million from penalties The Securities and Exchange Commission, SEC, has said it generated N194.48 million from penalties in…

Stock market bearish amid sell-off on bellwether stocks. The Nigerian equity market sustained the losing streak last week, as bearish sentiment prevailed in three of the five trading sessions, following persistence sell-off in bellwether stocks.

Sell-offs Push Average Yield to 3.5%, as market expects N495bn inflow. Afrinvest www.afrinvest.com, a leading investment banking firm has said sell offs pushed average yield up to 3.5% last week.

Investors’ fortune increase as stock market cap hit N15.3 trillion. Yet again, investors’ fortunes have increased on the back of an improved sentiment that has consistently resulted to shares appreciation on the floor of the Nigerian Stock Exchange (www.nse.com.ng) in January, 2020.

Investors gain N2.2 trillion as NSE outperforms globally. The equities investors’ fortunes have increased N2.2 trillion, just as the Nigerians Stock Exchange outperformed global peers.

Year-to-date loss worsen as stock market cap drops to N12.8 trillion