Archives - December 2021

Transactions on the floor of the Nigerian Exchange on Friday closed on a positive note as the All Share Index appreciated by 2.16% to settle at  42.716.44 points, from the previous close of 41,813.32.10 points, bringing the year-to-date to 6.29%, the month-to-date to 5.39% and the week-to-date to 3.25% respectively. Investors gained N471Billion as Market …

Stock Market Rebounds, Appreciates Marginally By N3.22bn – Thisday Investors’ investment on the stock market of the Nigerian Exchange Limited (NGX) reverse prior day loss on renewed bargain hunting in Nigerian Exchange Group (NGX Group), UPDC Real Estate Investment Trust, Zenith Bank Plc, 19 among others.  Specifically, the overall market capitalisation gained N3.22 billion to …

Transactions on the floor of the Nigerian Exchange on Thursday closed on a positive note as the All Share Index appreciated by 0.01% to settle at  41,813.32 points, from the previous close of 41,807.10 points, bringing the year-to-date to 4.13%, the month-to-date to 3.23% and the week-to-date to 1.09% respectively. Investors gained N3Billion as Market …

Market Capitalisation Drops by N238bn after Two-day Christmas Holidays – Thisday The market capitalization of the Nigerian Exchange Limited (NGX) commenced trading yesterday after a two-day Christmas holiday, dropping by N238billion on the heels of investors’ profit-taking.  The market resumed trading activities yesterday after the public holidays, Monday and Tuesday December 27th and 28th, 2021 …

Transactions on the floor of the Nigerian Exchange on Wednesday closed on a negative note as the All Share Index depreciated by 1.08% to settle at  41,807.10 points, from the previous close of 42,265.99 points, bringing the year-to-date to 4.12%, the month-to-date to 7.24% and the week-to-date to 1.08% respectively. Investors lost N238Billion as Market …

Seven Companies Delist, Three Lists on NGX in 2021- Thisday A total of seven companies delisted and three were listed on the Nigerian Exchange Limited (NGX) in 2021 amid expectation that the stock market might close the year positive. The stock market before the two-day public to mark the Christmas celebration in its Year-till-Date performance …

Transactions on the floor of the Nigerian Exchange on Friday closed on a positive note as the All Share Index appreciated by 0.08% to settle at  42,265.99 points, from the previous close of 42,230 points, bringing the year-to-date to 5.20%, the month-to-date to 9.40% and the week-to-date to -0.19% respectively. Investors gained N17Billion as Market …

Currency swap: CBN sells 3.69bn yuan in three years – Thisday The Central Bank of Nigeria has said it sold 3.69 billion yuan from the inception of the currency swap deal with China to June this year.  The apex bank disclosed this in its ‘Financial markets department 2021 half-year activity report’.  The CBN had in …

Transactions on the floor of the Nigerian Exchange on Thursday closed on a negative note as the All Share Index depreciated by 0.03% to settle at  42,230 points, from the previous close of 42,244 points, bringing the year-to-date to 5.12%, the month-to-date to 9.32% and the week-to-date to -0.27% respectively. Investors lost N7Billion as Market …

Report Identifies MTN, Airtel as Top Viable Telecoms Companies in Nigeria- Thisday MTN Nigeria Communications Plc (MTNN) and Airtel Africa Plc (AIRTELAFRI) has topped the list of most viable telecommunication companies in Nigeria, according to a recent report by MERISTEM Securities Limited, a member of the Nigerian Stock Exchange (NSE).  Titled: ‘Nigerian Telecommunications Sector Update’, …