Archives - January 2023

Transactions on the floor of the Stock Exchange on Tuesday closed on a positive note as the All Share Index appreciated by 0.16% to settle at 53,238.67` from the previous close of 53,157.83. This brings the year-to-date to 3.17%, the month-to-date to 3.17% and the week-to-date to 1.70% respectively. Market Capitalisation closed at N28.998trillion. An …

Investing your savings to beat rising inflation – Punch The value of the naira 10 years ago is not the same today. This has to do with the impact of inflation over the years. Inflation refers to an increase in price over a specified period of time. As a result of inflation, a specific amount …

Transactions on the floor of the Stock Exchange on Monday closed on a positive note as the All Share Index appreciated by 0.95% to settle at 53,157.83 from the previous close of 52,657.88. This brings the year-to-date to 3.01%, the month-to-date to 3.01% and the week-to-date to 1.54% respectively. Market Capitalisation closed at N28.954trillion. An …

Stock capitalisation appreciates by 0.12% – Punch Trading activities on the floor of the Nigerian Exchange wrapped up the week bullish as stock investors raked in N34bn from January 23 to January 27, 2023. The upturn for the week was impacted by gains in the banking and NGX growth indices which appreciated by 1.65 per …

Transactions on the floor of the Stock Exchange on Friday closed on a negative note as the All Share Index depreciated by 0.18% to settle at 52,657.88 from the previous close of 52,752.96. This brings the year-to-date to 2.06%, the month-to-date to 2.06% and the week-to-date to 0.59% respectively. Market Capitalisation closed at N28.681trillion. An …

Geregu Power Plc gains 10% in market value on buy pressure – Nairametrics Positive sentiment witnessed on the shares of Geregu Power Plc resulted in a 10% or N33.500 billion during yesterday’s trading session, as the Nigerian Exchange bounced back from losses earlier in the week…………..……..Read More Unilever Nigeria Plc reports 385% rise in pre-tax …

Transactions on the floor of the Stock Exchange on Thursday closed on a positive note as the All Share Index appreciated by 0.29% to settle at 52,752.96 from the previous close of 52,599.65. This brings the year-to-date to 2.24%, the month-to-date to 2.24% and the week-to-date to 0.77% respectively. Market Capitalisation closed at N28.733trillion. An …

NGX launches USSD integrated payment system – Punch The Nigerian Exchange Limited said it will launch an unstructured supplementary service data to unlock Africa’s capital markets payment system through collaboration with telecommunication companies and banks. Speaking during the virtual event on ‘2022 market recap and 2023 outlook’, the Chief Executive Officer, NGX, Temi popoola, said …

Transactions on the floor of the Stock Exchange on Wednesday closed on a negative note as the All Share Index depreciated by 0.02% to settle at 52,599.65 from the previous close of 53,612.55. This brings the year-to-date to 1.95%, the month-to-date to 1.95% and the week-to-date to 0.48% respectively. Market Capitalisation closed at N28.650trillion. An …

Firms list N20.5bn infrastructure fund on NGX – Punch The Nigerian Exchange Limited said Africa Plus Partners and Capitaltrust Investments & Asset Management Limited have listed Africa Infra Plus Fund valued at N20.5bn on the local bourse. In a statement made available to The PUNCH on Tuesday, the Exchange said the carbon mitigation fund is …