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Stock market closes week positive, gains N50bn
The Nigerian Exchange Ltd. (NGX) ended trading on a positive note Friday, as market capitalisation gained N50 billion or 0.19 per cent to close at N25.791 trillion from N25.741 trillion posted the previous day. The NGX All-Share Index (ASI) also gained 90.54 basis points or 0.19 per cent to close at 47, 351.43 from N47,…
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Buying interests on Seplat, others cause N57bn gain on NGX
The equities market kicked off the trading week with positive sentiments, following investors’ buying interests, making investors to gain N57 billion on Monday. Also, the market capitalization stood at N28.214 trillion compared to N28.157 trillion posted at the last trading session. The uptrend was impacted by gains recorded in large capitalized stocks, amongst which are;…
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NGX: Investors gain N12bn after 3-day negative posts
Investors gained N11.98 billion after a three-day consecutive negative trading at the nation’s equities market. The market capitalisation stood at N27.807 trillion, representing a 0.04 per cent, an increase from the N27.795 trillion recorded at close of trade on Tuesday. The gains were recorded majorly on trading of banks’ stocks such as Guaranty Trust Holding…
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NGX: Equities market declines further by 0.06%
Market Capitalisation on the Nigerian bourse further closed on a negative position on Wednesday with the All-Share Index (ASI) decreasing by 0.06 per cent to 51,556.54 from 51,586.5 on Wednesday. Similarly, the market capitalisation dropped by N16.15 billion to N27.79 trillion from N27.81 trillion recorded on Tuesday. The Year-to-Date (YTD) return stood at 20.76 per…
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NGX: Capitalisation Gains N47bn
NGX: Capitalisation gains N47bn The market capitalisation gained N47 billion on Friday as trading on the Nigerian Exchange (NGX) Ltd. closed at N27.875 trillion from N27.828 trillion recorded the previous day. The All-Share index also gained by 0.17 per cent to close at 51,705.61 points compared with 51,618.73 on Thursday. Consequently, the Year-to-Date (YTD) return…
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NGX, CIS enhance stakeholders’ capacity for exchange traded derivatives
The Chief Executive Officer, Nigerian Exchange Ltd,. (NGX), Mr Temi Popoola, says the organisation is committed to promoting a robust derivatives market ecosystem in the country. Popoola said this at a capacity-building workshop organised by NGX in collaboration with the Chartered Institute of Stockbrokers (CIS) for Exchange Traded Derivatives’ stakeholders on Thursday. The virtual event…
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Stock market rebounds, capitalisation increases by N180bn
The market capitalization of the Nigerian Exchange (NGX) closed trading on Tuesday with a gain of N180 billion to close at N27.544 trillion against N27.364 trillion posted on Wednesday, halting five days of consecutive losses. Similarly, the All-Share Index (ASI) increased by 335.01 points or 0.66 per cent to close at 51,091.75 against 50, 756.74…
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NGX: Market indicators record marginal growth, up 0.06%
The Nigerian Exchange Ltd., (NGX) on Friday recorded the first gain of the week appreciating marginally by 0.06 per cent due to bargain hunting in some large and medium stocks. Accordingly, the market capitalisation gained 17 billion to close at N28.681 trillion in contrast with N28.664 trillion on Thursday. Also, the All-Share Index rose by…
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NGX: Capitalisation rises further by N96bn
Trading on the Nigerian Exchange Ltd., (NGX) opened the week on a positive note on Monday as the market capitalisation gained N96,08 billion, an increase of 0.34 per cent. Specifically, the market capitalisation closed at N28.619 trillion, compared to the N28.523 trillion on Friday. The All-Share Index also inched higher by 0.34 per cent to…
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Trading On NGX Back To Negative Territory, Indices Down 0.58%
The Nigeria Exchange (NGX) Ltd., on Monday returned to negative path with key market indicators declining marginally by 0.58 per cent amid profit taking in highly capitalised equities. Specifically, the market capitalisation, which opened at N29.158 trillion on Monday declined by 168.82 billion or 0.58 per cent to close at N28.989 trillion. Similarly, the All…