Equity market loses N62bn | TheNewsGuru

Trading continues on NGX amid strike, investors lose N102.55bn

Equity market loses N62bn | TheNewsGuru …C0NTINUE READING HERE >>> The equity market began the week on a bearish note, reversing prior session gains with a loss of N62 billion. The decline was primarily driven by losses in Oando Plc, United Bank for Africa (UBA), Access Corporation, United Capital and Transnational Corporation. Consequently, … Read more

NGX suspends trading of Transcorp shares

NGX suspends trading of Transcorp shares

NGX suspends trading of Transcorp shares …C0NTINUE READING HERE >>> The Nigerian Exchange Ltd. (NGX) has suspended trading in the shares of Transnational Corporation Plc (Transcorp). The NGX, in its weekly report, said that the suspension, on Thursday, was necessary to determine the shareholders entitled to receive the firm’s reconstructed shares. The Exchange said that … Read more

NGX closes positive, investors gain N74 billion

Trading continues on NGX amid strike, investors lose N102.55bn

NGX closes positive, investors gain N74 billion …C0NTINUE READING HERE >>> To end the week, the stock market rebounded from previous losses, gaining N74 billion. Investor interest in MTN Nigeria, FBN Holdings, Guaranty Trust Holding Company (GTCO) and other equities lifted the market. Notably, the market capitalisation opened at N56.014 trillion, adding N74 billion or … Read more

NGX market cap sheds N193 billion to selloffs

Trading continues on NGX amid strike, investors lose N102.55bn

NGX market cap sheds N193 billion to selloffs …C0NTINUE READING HERE >>> The Nigerian stock market, on Wednesday, reversed gains from previous sessions with a loss of N193 billion. Selloffs in Tier-one banking stocks namely, Zenith Bank, Access Corporation, Guaranty Trust Holding Company (GTCO), among other declined equities were the primary drivers of the market’s … Read more

NGX extends gain by N123bn

Trading continues on NGX amid strike, investors lose N102.55bn

NGX extends gain by N123bn …C0NTINUE READING HERE >>> Read full article NGX extends gain by N123bn on TheNewsGuru. Opening the week,investors’ interest in Tier-one banking stocks further extended gains of the Nigerian stock market capitalisation by N123 billion or 0.22 per cent. Read full article NGX extends gain by N123bn on TheNewsGuru. >

Stock market closes with N99bn gain

Trading continues on NGX amid strike, investors lose N102.55bn

Stock market closes with N99bn gain …C0NTINUE READING HERE >>> The Nigerian stock market on Friday closed the week on a positive note, with investors adding N99 billion to their portfolios. Notably, the market capitalisation of listed equities increased by N99 billion or 0.18 per cent from an opening of N55.379 trillion to settle at … Read more

NGX market capitalisation sheds N176bn over selloffs

Trading continues on NGX amid strike, investors lose N102.55bn

NGX market capitalisation sheds N176bn over selloffs …C0NTINUE READING HERE >>> The domestic bourse on Wednesday halted its three consecutive sessions of gain, as the market capitalisation shed N176 billion or 0.32 per cent. Specifically the Nigerian Exchange Ltd. (NGX) market capitalisation which opened at N55.437 trillion, closed at N55.261 trillion. The All-Share Index also … Read more

Nigerian equity market investors lose N64 billion

Trading continues on NGX amid strike, investors lose N102.55bn

Nigerian equity market investors lose N64 billion …C0NTINUE READING HERE >>> Investors in the Nigerian equity market lost N64 billion on Thursday due to selloffs in Zenith Bank, FBN Holdings, Transcorp Hotels and other stocks. Advertisement The market capitalisation dropped by N64 billion, or 0.12 per cent, closing at N54.983 trillion, down from the opening … Read more

Equity market reverses gain, investors lose N404bn

Trading continues on NGX amid strike, investors lose N102.55bn

Equity market reverses gain, investors lose N404bn …C0NTINUE READING HERE >>> The domestic bourse reversed its previous session’s gain on Monday, recording a loss of N404 billion or 0.72 per cent for equity market investors. The market’s decline was primarily driven by losses in major stocks, including BUA Cement and Tier-one banks such as Zenith … Read more