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Archives - August 2022

31
Aug

MARKET PERFORMANCE REPORT FOR 31ST AUGUST, 2022

The market wrapped up on a buillish note at the end of today’s trading session.  The market direction was attributed to gains in recorded in large and medium cap stocks such as Guinness, Caverton, Transcorp and NGX Group Plc. Transactions on the floor of the Stock Exchange on Wednesday, closed on a positive note as …

31
Aug

Daily Business News Brief – August 31st, 2022

Profit-taking Persist as Stock Market Decline by N18bn – Thisday Profit-taking activities continued yesterday on the stock market of the Nigerian Exchange Limited (NGX), dropping by N18 billion.  The NGX All Share Index (ASI) decreased by 34.06 basis points or 0.07 per cent to close at 49,642.69 basis points. Similarly, the market capitalisation lost N18 …

30
Aug

MARKET PERFORMANCE REPORT FOR 29TH AUGUST, 2022

The Stock market ASI recorded a slight loss of 0.01% at the end of today’s trading session as the share price of eighteen companies gained while nine companies depreciated in price. Transactions on the floor of the Stock Exchange on Monday, closed on a negative note as the All Share Index depreciated by 0.01% to …

30
Aug

Daily Business News Brief – August 30th, 2022

Stock Market Decline on Profit-taking in NB, GTCO – Thisday The stock market commenced this week on a negative note, dropping by 0.01 per cent as investors’ profit-taking in Nigerian Breweries (NB), Guaranty Trust Holding Plc (GTCO), seven others  undermined the market’s performance.  Specifically, the NGX All-Share index was down by 5.40 basis points or …

29
Aug

MARKET PERFORMANCE REPORT FOR 29TH AUGUST, 2022

The Stock market ASI recorded a slight loss of 0.01% at the end of today’s trading session as the share price of eighteen companies gained while nine companies depreciated in price. Transactions on the floor of the Stock Exchange on Monday, closed on a negative note as the All Share Index depreciated by 0.01% to …

29
Aug

WEEKLY MARKET REPORT – 25TH AUGUST, 2022

ECONOMY OVERVIEW Despite the perceived gloom in economic activities and general downturn, the Nigerian economy continued on a positive trajectory, growing for the seventh consecutive quarter since the covid-19 induced recession recorded in the third quarter of 2022. The growth recorded in the past two years is following significant expansionary monetary policies by the CBN, …

29
Aug

Daily Business News Brief – August 29th, 2022

NGX to Highlight Impact of Circuit Breakers in Capital Market – Thisday The Nigerian Exchange Limited (NGX) has announced that is set to host capital market stakeholders to a Circuit Breaker webinar this week. The virtual event themed, “Role and Impact of Index Circuit Breakers in the Capital Market”, is designed to increase awareness and …

26
Aug

Daily Business News Brief – August 26th, 2022

Investors Gain N532bn Amid Buying Interest in Airtel Africa, Others – Thisday The stock market of the Nigerian Exchange Limited (NGX) yesterday sustained an uptrend as investors’ investments rose by N532 billion, following buying interest in Airtel Africa Plc, 17 other stocks.  Investor interest in index heavyweights, Airtel Africa that added 7.06 per cent, Nestle …

25
Aug

Market Performance Report for August 25th, 2022

The stock market wrapped up on a bullish note at the end of today’s trading session, following investors bargain hunting in  Airtel Africa, BUA Foods and other medium cap stocks. Transactions on the floor of the Stock Exchange on Thursday, closed on a positive note as the All Share Index appreciated by 2.03% to settle …

25
Aug

Daily Business News Brief – August 25th, 2022

Investors in Interest in Nestle, Others Lift Stock Market by N65bn – Thisday The stock market of the Nigerian Exchange Limited (NGX) yesterday recovered from five straight sessions of losses to appreciate by N65billion amid investors renewed interest in Nestle Nigeria Plc, among others. In summary, the NGX All-Share Index (ASI) grew by 120.48 basis …

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fake richard mille
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