Local Stock Market Gains N43bn In Market Capitalisation
The Nigerian Stock Exchange (NGX) Limited recorded a 0.16% growth as the market capitalisation gained N43 billion to N26.812 trillion from N26.769 trillion.
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The Nigerian Stock Exchange (NGX) Limited recorded a 0.16% growth as the market capitalisation gained N43 billion to N26.812 trillion from N26.769 trillion.
The Nigeria Exchange (NGX) Limited depreciated by 0.07% on Monday following the announcement that the country's inflation surged to 19.64% - the highest in 17 years.
Trading on the floor of the Nigerian Stock Exchange Limited ended bullish last week as transactions in the shares of Capital Hotel Plc, FBN Holdings Plc and Jaiz Bank Plc lifted the market by N13.5 billion.
The Nigerian Stock Exchange (NGX) recorded a 0.70% loss on Friday due to a decline in the share prices of BUA Cement and 23 others as investors sold off the stocks to book profit as they weigh their options.
Integrated energy provider firm, Eterna Plc, says it recorded a N4.1 billion gross profit in the first half of 2022 and an operating profit of N1.9bn in the same period.
The Nigeria Exchange Limited weakened by 2.6% on Tuesday as investors continue to rebalance their portfolios in order to reduce their risk in equity investments.
The Nigerian Exchange market closed on a negative note yesterday as selling pressure on the banking sectors persists.
After halting the bearish trend on Tuesday to garner a 1.35% gain, the Nigerian stock exchange went back to the red zone on Wednesday as it recorded a N17bn loss.
The Nigerian Stock Exchange on Tuesday halted its bearish trend as it recorded renewed buying interests from investors which saw it record a 1.35% gain.
The Nigerian Stock Exchange (NGX) Limited began August in the red zone as investors recorded a N227 billion loss at the close of business on Monday.
The market value of the Nigerian stock fell by N869 billion in one week over the recent hike in the Monetary Policy Rate.
The Nigerian Foreign Exchange (NGX) Limited remained in the red territory for eight consecutive days as it recorded a 1.04 per cent loss on Thursday.
The Nigerian Exchange (NGX) Limited key trading indices depreciated for the seventh straight session on Wednesday by 0.50%.
The Nigerian Exchange Limited (NGX) witnessed panic selling leading to the stock exchange plunging by 1.11% during the session.
The Increase in the baseline interest rate and rising inflation have taken their toll on the equity market as the Nigeria Stock Exchange remained in the red zone on Thursday.
The Nigerian Stock market recorded a fall of 0.23% as investors rebalanced their portfolios by offloading equities in the consumer goods, banking and energy sectors.
The increment of the Monetary Policy Rate to 14% took its toll on the stock market on Tuesday as investors recorded a N6 billion loss.
The Debt Management Office has listed the 8.375%, $1.25 billion, March 2019 Eurobond on the Nigerian Exchange Limited and FMDQ Securities Exchange Limited.
The Nigerian Exchange limited recorded a 38.22% basis point loss in its stock market on Monday, OduNews reports.
The Stock Market segment of the Nigerian Stock Exchange Group has gained N5.64 trillion in the first half of 2022.