Archives - July 2022

Stock Market depreciates by N90.14bn After Two-day Sallah Break – Thisday Opening the holiday shortened week over Sallah celebration, the stock market of the Nigerian Exchange Limited yesterday (NGX) commenced active trading this week with investors profit-taking in 25 stocks against 11 gainers that eventually down the market by N90.14billion……………read more Banks borrow N595.34bn from …

Investors recorded a slight gain of N90billion at the end of today’s trading session on the floor of the Nigerian Exchange. Transactions on the floor of the Exchange on Monday, closed on a positive note as the All Share Index appreciated by 0.02% to settle at  51.567.69 points, from the previous close of 51,557.41 points, …

Airtel Africa, 14 Other Blue Chip Stocks Contributes 88.8% to NGX Market Cap – Thisday Airtel Africa Plc and 14 others listed stocks on the Nigerian Exchange Limited (NGX) as of July 8, 2022 contributed about 88.8 per cent or N24.7 trillion out of the overall NGX N27.80 trillion market capitalisation, THISDAY findings have revealed.  …

Investors recorded a loss of N4billion at the end of today’s trading session on the floor of the Nigerian Exchange. Transactions on the floor of the Exchange on Friday, closed on a negative note as the All Share Index depreciated by 0.01% to settle at  51.557.41 points, from the previous close of 51,563.73 points, bringing …

NGX encourages companies to list on exchange – Thisday The Chairman, Nigerian Exchange Limited, Mr Abubakar Mahmoud, has said it is enhancing the listing experience for listed companies and providing useful insights to prospective companies  He said this during the NGX CEO Roundtable event on Thursday with the theme, ‘Creating the enabling ecosystem for accessing …

Investors recorded a slight gain of N12billion at the end of today’s trading session on the floor of the Nigerian Exchange. Transactions on the floor of the Exchange on Thursday, closed on a positive note as the All Share Index appreciated by 0.01% to settle at  51,563.73 points, from the previous close of 51,556.54 points, …

At 9.98% Decline, Insurance Leads Banking Index as Worst Performing Sectors on NGX – Thisday Despite the 21.31 per cent gain recorded by the Nigerian equities market in first half year (H1) 2022, the Nigerian Exchange Limited (NGX) Insurance Index depreciated by 9.98 per cent to emerge as the worst performing indices on the bourse. …

Trading activities on the  stock market today closed on a bearish note as the market capitalisation went down by N15billion. Transactions on the floor of the Exchange on Wednesday, closed on a negative note as the All Share Index depreciated by 0.06% to settle at  51,556.54 points, from the previous close of 51,586.50 points, bringing …

NGX, Ghana Exchange Strengthen Ties on Cross-border Initiatives – Thisday The Nigerian Exchange Limited (NGX) and Ghana Stock Exchange (GSE) have reiterated commitment to strengthen cross-border trading initiatives  with the aim of moving investments, access to capital and integration of both capital markets in the continent.  Speaking at closing “Gong Ceremony” organized for delegates from …

The market closed in the red region at the end of today’s trading session on the floor of the Nigerian Exchange Limited, as  23 companies gained while the equities of 16 companies depreciated in price. Transactions on the floor of the Exchange on Tuesday, closed on a negative note as the All Share Index depreciated …