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Archives - February 2023

28
Feb

MARKET PERFORMANCE REPORT FOR  28TH FEBRUARY, 2023

The BULLISH run on the exchange was sustained on Tuesday February 28, 2023 as Transactions on the floor of the Stock Exchange  for the last trading day of the month closed on a positive note. The  All Share Index appreciated by 0.86% to settle at 55,806.26 from the previous close of 55,328.42. This brings the …

28
Feb

Daily Business News Brief – February 28th, 2023

NGX closes positive as investors gain N207bn – Punch  The first day of trading in the week closed positively for investors on the Nigerian stock exchange as they gained N207bn on Monday. The All Share Index grew by 0.69 per cent to reach 55,328.42 on Monday from  54, 949.21 recorded at the end of the …

27
Feb

MARKET PERFORMANCE REPORT FOR  27TH FEBRUARY, 2023

Transactions on the floor of the Stock Exchange on Monday, February 27, 2023 sustained its bullish run as the market closed on a positive note. The  All Share Index appreciated by 0.70% to settle at 55,328.42 from the previous close of 54,949.21. This brings the year-to-date to 7.06%, the month-to-date to 3.83% and the week-to-date …

27
Feb

Daily Business News Brief – February 27th, 2023

Despite Political Tension, Stock Market Expands by N624bn – Thisday  The stock market segment of the Nigerian Exchange Limited (NGX) closed positive last week, gaining N624billion in market capitalisation amid tension towards 2023 general elections. Accordingly, the NGX All-Share Index advanced by 2.13 per cent week-on-week (W-o-W) to close at 54,949.21 basis points………. …………….……..Read More Investors’ optimism over election outcome drives stock …

24
Feb

MARKET PERFORMANCE REPORT FOR  24TH FEBRUARY, 2023

Transactions on the floor of the Stock Exchange on Friday, February 24, 2023 sustained its bullish run as the market closed on a positive note. The  All Share Index appreciated by 0.55% to settle at 54,949.21 from the previous close of 54,646.38. This brings the year-to-date to 6.36%, the month-to-date to 3.13% and the week-to-date …

24
Feb

Daily Business News Brief – February 24th, 2023

NGX closes positive as investors gain N180bn – Punch  Gains recorded by MRS, MCNichols and others lifted the stock market by N180bn at the close of trading on the floor of the Nigerian equity market on Thursday. This bullish trend extended the gains recorded by stock investors after the dip experienced on Tuesday……… …………….……..Read More …

23
Feb

MARKET PERFORMANCE REPORT FOR  23RD FEBRUARY, 2023

Inspite of the election fever, Transactions on the floor of the Stock Exchange on Thursday February 23, 2023 sustained its bullish run as the market closed on a positive note. The  All Share Index appreciated by 0.60% to settle at 54,646.38 from the previous close of 54,315.39. This brings the year-to-date to 5.81%, the month-to-date …

23
Feb

Daily Business News Brief – February 23rd, 2023

Bulls rebound as gains in 18 stocks lift indices by N69 billion – Guardian The Nigerian Exchange Limited (NGX) yesterday, bounced back as a result of gains in Geregu and 17 stocks, as market capitalisation appreciated by N69 billion.  Besides, Geregu Power Plc has notified the Exchange and the investing public of the purchase of …

22
Feb

MARKET PERFORMANCE REPORT FOR  22ND FEBRUARY, 2023

Transactions on the floor of the Stock Exchange on Wednesday February 22, 2023 returned bullish as the market closed on a positive note. The  All Share Index appreciated by 0.23% to settle at 54,315.39 from the previous close of 4,189.31. This brings the year-to-date to 5.21%, the month-to-date to 1.98% and the week-to-date to 0.97% …

22
Feb

Daily Business News Brief – February 22nd, 2023

Stock Exchange reverses gains as index slides by 0.06 per cent – Guardian  Following losses suffered by many blue-chip stocks, the Nigerian Exchange Limited (NGX) reversed gains, to close on a downward note yesterday, causing the All Share -Index (ASI) to depreciate by 0.06 per cent ……. …………….……..Read More NGX Says Domestic Investors Have Shunned …

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