Stock Market
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166Nigerian Exchange Group buys Stake in Ethiopia’s first-ever Securities Exchange
Nigerian Exchange Group Plc (NGX Group) has announced a significant investment in the Ethiopian Securities Exchange (ESX). The NGX Group, an integrated...
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134Measuring Parameters down at the Stock Exchange
The benchmark index of the local market declined by 0.27% to close at 103,437.67 points. Selloffs of MTNN (-0.87%), GTCO (-2.04%), and ZENITHBANK (-1.62%) outweighed gains...
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118Local Bourse Sustains Bearish Momentum
EQUITIESThe Nigerian equities market maintained its bearish performance as sustained profit-taking activities in the tier-1 banks and MTNN (-1.3%) triggered a 0.4%...
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117Stock Market Remains Negative as Sell Pressure Increases
EQUITIESThe local stock market extended yesterday’s losses driven by sell pressures on FBNH (-5.0%) and other tier-1 banks. As a result, the...
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201Bearish Start to April as ASI slips 0.04%
EQUITIESTrading activities in the domestic bourse kicked off the week and month on a mixed note as losses in FBNH (-2.0%) and...
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156Domestic Equities Market: All-Share Index up 4.6%
Afrinvest Monthly Market Report The NGX-ASI closed the month with a 4.6% uptick to print at 104,562.06 points. Resultantly, YTD return printed...
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141Global Equities Market: Bull Run Extends Despite Stuttering Disinflation Pace
Afrinvest Monthly Market Report Stock markets across the globe traded largely bullish in March, inspired by positive economic data prints, stellar corporate...
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157Weekly Market Report: Mixed Performances Across the Globe
Global Economy According to final data from the Bureau of Economic Analysis (BEA), the United States (US) economy grew by 3.4% in...
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125Bulls Hold Sway Ahead of Easter Break
The equity market nudged higher as the benchmark index rose by 0.27% to close at 104,562.06 points. Renewed interest in MTNN (+0.91%),...
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129
Banking Bellwethers Lead Gains
EQUITIESBullish sentiments resurfaced in the domestic stock market today, driven by bargain hunting in ZENITHBANK (+8.8%) and GTCO (+5.7%) stocks. As a...
