Browsing: Investors

Sell-offs in blue chips knock off ₦104.2bn in stock market. The Nigerian Stock Exchange closed in red with investors’ fortune washed off in billions as coronavirus cases keeps running riot.

Stock market records 20.65% negative return in first quarter

Equity market cap drops to ₦11.11 trillion amidst COVID-19 fear. Today, the domestic equities market declined 243bps to 21,330.79 points following sell-offs in MTNN (-10.0%), ZENITH (-5.2%) and GUARANTY (-3.0%).

COVID-19: A time for opportunistic buys? The global economy and financial markets have been roiled by the global pandemic of…

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.