The Nigerian Exchange (NGX) experienced a modest increase in its All Share Index (ASI), which rose by 0.09%, closing at 99,925.29 points. This slight uptick reflects a cautiously optimistic market sentiment amid fluctuating trading activities. The day’s trading session recorded a total of 7,302 deals. The volume of shares traded reached 318,100,359, with a corresponding Read More…
The Nigerian stock market demonstrated resilience and moderate growth as the All-Share Index (ASI) inched up by 0.20%, closing at 99,832.25. This increment, though modest, reflects a positive sentiment among investors as they navigate the diverse landscape of listed equities on the Nigerian Exchange, including those on the Growth Board. The day saw a substantial Read More…
On June 11, 2024, the Nigerian Exchange’s All-Share Index (ASI) experienced a modest decline. The ASI, which monitors the overall market movement of all listed equities, including those on the Growth Board, closed at 99,630.51 points. This represents a slight decrease of 0.16% from the previous trading day. This dip indicates a cautious approach among Read More…
The Nigerian stock market experienced notable activity on June 10, 2024. The NGX All-Share Index (ASI), which tracks the general market movement of all listed equities on the Nigerian Exchange, including those listed on the Growth Board, showed positive momentum. The NGX All-Share Index saw a modest increase of 0.58% to close at 99,793.71 points. Read More…
Sell-offs in the shares of tier-one banks on Thursday played a significant role in a 0.32 per cent decline in the Nigerian Exchange Ltd. (NGX) market indices, reflecting a cautious sentiment among investors. Highlighting the market movement, a market analyst stated, “Losses in the share prices of FBN Holdings, Access Corporation, Guaranty Trust Holding Company Read More…
The Nigerian Exchange Ltd. (NGX) witnessed a decline in the value of transactions on Tuesday, following the Easter break, with market activities showing a decrease in trade turnover compared to the previous session. According to analysis, a total of 545.49 million shares valued at N14.61 billion were exchanged in 12,747 deals, marking a 13.81% decrease Read More…
The Nigerian stock market experienced a rebound on Wednesday, registering a 0.32% gain, buoyed by a surge in buying interest in top-tier bank shares. The market capitalisation, which opened at N58.775 trillion, saw an increase of N188 billion to close at N58.963 trillion. The All-Share Index similarly rose by 331.2 points, ending the day at Read More…
Nigerian stocks extended gains for the fifth session on Monday, led by banks to push the main index past a psychological threshold of 80,000 points for the first time ever, according to LSEG data. The All Share Index closed 0.83% up at a record 80,328.58 points. “Stocks have leapt 6.5% in early 2024 trading, extending Read More…
Reports from Sky News suggest a potential milestone agreement between Manchester United’s American owners, the Glazer family, and British billionaire Jim Ratcliffe. The deal, set at $33 per share, signifies Ratcliffe’s acquisition of a significant 25% stake in the revered English soccer club. This impending deal, expected to be finalised imminently, marks the conclusion of Read More…
At the end of trading on Tuesday, investors in the Nigerian Exchange Ltd. (NGX) stock market had lost N36 billion. In particular, equity capitalisation declined by N36 billion, or 0.12%, from its opening price of N30.391 trillion to its closing price of N30.355 trillion. The All-Share Index (ASI), which closed at 55,722.9 as opposed to Read More…
