Archives - March 2023

Transaction on the floor of the Stock Exchange sustained its bullish run for last trading of the month as transaction on Friday, March 31, 2023 closed on a positive note. The  All Share Index appreciated by 0.82% to settle at 54,857.96 from the previous close of 54,413.21 . This brings the year-to-date to 6.30%, the …

Investors recover N441b amid gains in MTNN, 22 stocks – Guardian The Nigerian Exchange Limited (NGX) sustained gains at the close of transactions yesterday, as price appreciation in MTN Nigeria and 22 stocks lifted market capitalisation further by N441 billion.At the close of trading, market capitalisation of listed equities increased by 1.51 per cent to …

Transaction on the floor of the Stock Exchange on Thursday, March 30, 2023 closed on a positive note. The  All Share Index appreciated by 1.51% to settle at 54,413.21 from the previous close of 53,603.80 . This brings the year-to-date to 5.48%, the month-to-date to a negative 2.5% and the week-to-date to a negative 0.83% …

Stock market rebounds as investors gain N261bn – Punch After two days of sustaining losses worth N963bn, the Nigerian Exchange Limited rebounded with a N261bn gain for investors.From 53,124.63, the All-Share Index appreciated 479.17 base points to 53, 603.8. Similarly, the market capitalisation moved to N29.201tn.At the end of trading on Wednesday, the year-to-date returns …

Transaction on the floor of the Stock Exchange recorded gains for the first time this week as transaction on Wednesday, March 29, 2023 closed on a positive note. The  All Share Index appreciated by 0.90% to settle at 53,603.80 from the previous close of 52,124.63 . This brings the year-to-date to 3.97%, the month-to-date to …

Stock Market Deprecates by N341bn Amid Investors Profit-taking – Thisday  The profit-taking continued to dominate the  stock market of the Nigerian Exchange Limited (NGX) as the capitalisation down by N341 billion amid sustained negative investors’ sentiment.The NGX  All Share Index (ASI) decreased by 626.14 basis points or 1.16 per cent to close at 53,124.63 basis …

Transaction on the floor of the Stock Exchange sustained the bearish run for second day as transaction on Tuesday, March 28, 2023 closed on a negative note. The  All Share Index declined by 0.47% to settle at 53,498.27 from the previous close of 53,750.77 . This brings the year-to-date to 3.76%, the month-to-date to a …

Stock market capitalisation declines by N622bn – Punch  Investors lost N622bn at the close of trading on Monday due to sell-offs of some telecoms and banking stocks.The market which opened with the All-Share Index at 54,892.53 lost 2.08 per cent to close 53, at 750.77. The market capitalisation also depreciated by 2.08 per cent to …

Transaction on the floor of the Stock Exchange commenced the week bearish as transaction on Monday, March 27, 2023 closed on a negative note. The  All Share Index declined by 2.08% to settle at 53,750.77 from the previous close of 54,892.53. This brings the year-to-date to 4.23%, the month-to-date to a negative 3.75% and the …

Stock investors record N13bn loss in one week – Punch The Nigerian Exchange Limited closed lower last week as investors took stock of the hike in the Monetary Policy Rate by the Monetary Policy Committee of the Central Bank of Nigeria and continued with their profit-taking… …………. ……………..……..Read More Deregulation: Brace for N750/Litre Petrol When Subsidy …