Nigerian stock market extends rally with N126bn gain
12 Articles
12 Articles
Nigerian stock market extends rally with N126bn gain
The Nigerian stock market sustained its upward momentum on Tuesday, as investors’ wealth increased by N126 billion, representing a 0.12 percent gain. Market capitalization on the Nigerian Exchange (NGX) rose to N106.088 trillion at the close of trading, up from N105.962 trillion recorded in the previous session. In the same vein, the All-Share Index (ASI) advanced by 0.12 percent, adding 196.26 points to close at 165,713.82, compared with 165,51…
NGX index down 0.33% with selloffs in RT Briscoe, May and Baker, Ikeja Hotel, LivingTrust Mortgage Bank, eTranzact, others
WorldStage– The equities market closed lower on Wednesday, reversing previous gains and eroding investors’ wealth by N352 billion. Selloffs in stocks such as RT Briscoe, May and Baker, Ikeja Hotel, LivingTrust Mortgage Bank, eTranzact, and 33 others dragged the market into negative territory. As a result, market capitalisation declined by 0.33 per cent, or N352 billion, from N106.088 trillion at the opening to N105.736 trillion at the close. Sim…
Equities Market Sheds N352bn In 24 Hours
The equities market closed lower on Wednesday, reversing previous gains and eroding investors’ wealth by N352bn. Selloffs in stocks such as RT Briscoe, May and Baker, Ikeja Hotel, LivingTrust Mortgage Bank, eTranzact, and 33 others dragged the market into negative territory. As a result, market capitalisation declined by 0.33 per cent, or N352 billion, from N106.088tn at the opening to N105.736tn at the close. Similarly, the All-Share Index fell…
Reforms, inclusion, and technology are reshaping Nigeria’s Capital Market -Popoola
Nigeria’s capital market is consolidating its position as a structured gateway to the African market, underpinned by macroeconomic reforms, digital platforms, and expanding investor participation, NGX Group Chief Executive Officer, Temi Popoola, said at a recent Pan-African Investment Lounge hosted by Radiant Collective Capital (RCC). Speaking on the theme “Global Economic Outlook 2026 & Overview […]
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