Browsing: NGX

The Nigerian Exchange, NGX, market capitalisation soared after sell pressures with investors recording about N82 billion in capital appreciation. ON Thursday, equities market rebounded, halting a two-day losing streak, with 0.12% surge in key market performance indicators.  The positive sentiment was fueled by bargain hunting in some recently depreciated medium and small-cap stocks.

Nigerian stocks tumbled for the third consecutive trading session in the equities market as a positive real return on fixed interest securities impacted investors’ sentiment. Hence, the Nigerian Exchange (NGX) benchmark all-share index fell as more investors continued to exit their positions in the domestic bourse.