Archives - November 2022

The NGX Stock Market witnessed a bull run as the All share Index gained 0.71% at the end of today’s trading session. The equity price of 21 companies gained while that of 9 companies depreciated in price. Transactions on the floor of the Stock Exchange on Wednesday, closed on a positive note as the All …

Depots sell N220/litre, marketers project N350/litre pump price – Punch The pump price of Premium Motor Spirit, popularly called petrol, could hit N400/litre at most filling stations before the end of this year, going by the continued scarcity of the product, oil marketers stated on Tuesday.  This will represent over 100 per cent increase in …

Investors recorded a  loss of N61billion as the NGX All Shares Index drop by 0.24%  at the end of today’s trading session. The equity price of 13 companies gained while that of 14 companies depreciated in price. Transactions on the floor of the Stock Exchange on Tuesday, closed on a negative note as the All …

Stock Market Down N65bn on Profit-taking in BUA Cement, Others – Thisday The profit-taking returned to the stock market of Nigerian Exchange Limited (NGX) after six consecutive days of an uninterrupted bullish streak as capitalisation declined by N65 billion yesterday to start trading activities this week.  Investors’ profit-taking in BUA Cement Plc that depreciated by 2.78per cent drives the stock market’s weak performance, leading to …

Transactions on the floor of the Stock Exchange on Monday, closed on a negative note as the All Share Index depreciated by 0.25% to settle at 47,436.45 from the previous close of 47,554.34. This brings the year-to-date to 10.63%, the month-to-date to 8.36% and the week-to-date to 6.43% respectively. Market Capitalisation closed at N25.837trillion. An …

Nestle loses N199 billion to top weekly losers – Nairametrics Nestle Nigeria Plc, one of the major fast consumer moving goods companies quoted on the Nigerian Exchange Group Plc (NGX), recorded a loss of about N199.036 billion at the end of last week to top the losers’ chart of the following sustained sell pressure witnessed …

The NGX Equity Market All Share Index witnessed bullish activities  as the Market Capitalisation appreciated by N517billion at the end of today’s trading session. Transactions on the floor of the Stock Exchange on Tuesday, closed on a positive note as the All Share Index appreciated by 2% to settle at 47,554.34 from the previous close …

Shareholders of Nestle Nigeria lose N94 billion on sell pressure – Nairametrics The selling pressure witnessed on the shares of Nestle Nigeria Plc during Thursday’s trading session on the NGX has resulted in shareholders losing about N94.326 billion. Checks by Nairametrics showed that the consumer goods stock dropped by 10% to N1,071 per share from …

The NGX Equity Market All Share Index witnessed bullish activities  as the Market Capitalisation appreciated by N203billion at the end of today’s trading session. Transactions on the floor of the Stock Exchange on Tuesday, closed on a positive note as the All Share Index appreciated by 0.8% to settle at  46,604.94 from the previous close …

Excess Crude Account falls by 89% to $472,513 – Punch Nigeria’s excess crude account has declined by 89 per cent in the last eight years, moving from $4.1bn in November 2014 to $472,513 in the same period of 2022.According to a statement by the Ministry of Finance, Budget and National Planning, which was seen by …