Capital Market
Financial stocks contribute 64.38% to market turnover
The financial services industry dominated in terms of volume at the end of last week’s transactions on the floor of the Nigerian Exchange Limited (NGX). The post Financial stocks contribute
NGX unveils campaign on new identity
Nigerian Exchange Group (NGX Group) Plc is set to launch ‘The Stock Africa Is Made Of’ campaign to project its new brand positioning and commitment as a leading capital market
Stock market reopens upbeat as capitalisation rises by N60 billion
Following gains recorded by most blue chip stocks, the Nigerian Exchange Limited (NGX) reopened in uptrend yesterday, as market capitalisation gained N60 billion. The post Stock market reopens upbeat as
MTN floats additional N75b commercial papers
FMDQ Securities Exchange Limited (FMDQ Exchange) has announced the approval and admission for quotation of the MTN Nigeria Communications PLC ₦19.77 billion series 3 and ₦53.74 billion… The post MTN
Sell-off in Stanbic IBTC, others trigger loss in equities market
Sell-off in Stanbic IBTC Holdings and 21 other stocks dragged transactions on the Nigerian Exchange (NGX), extending the bearish trend to close on a downturn yesterday as the all-share index
Bears sustain dominance as capitalisation falls by N274b
The bears maintained dominance on the equities market yesterday, as more blue-chip stocks depreciated, resulting in a further decline in market capitalisation by N274 billion. The post Bears sustain dominance
Stanbic IBTC Holdings PLC unaudited financial results for the first quarter ended 31 March 2021
Stanbic IBTC Holdings PLC unaudited financial results for the first quarter ended 31 March 2021 The post Stanbic IBTC Holdings PLC unaudited financial results for the first quarter ended 31
Bargain hunting ahead of Q1 earning season lifts market indices by 1.27%
Market indicators soared significantly at the end of last week’s transactions, following bargain hunting in some banking stocks ahead of the first quarter (Q1) earnings. The post Bargain hunting ahead
Stock market upbeat as index records marginal appreciation
Trading on the Nigerian Exchange Limited (NGX) sustained a rising profile, following gains recorded in most blue-chip stocks. The all-share index (ASI) appreciated by 0.01 per cent. The post Stock
Stock market extends gains as capitalisation rises by N59b
The stock market extended positive sentiments to four consecutive trading sessions to close at an upbeat, yesterday, as market capitalisation increased further by N59 billion. The post Stock market extends
