Stock Market
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211Equities Market Sustains Bearish Run
EQUITIES Bearish sentiments intensified in the Nigerian equities market in today’s session following sell pressures on MTNN (-10.0%). As a result, the...
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374Bears Resurface as All-Share Index Reverses Gains
EQUITIES The domestic stock market reversed yesterday’s gains as profit-taking activities in FBNH (-9.9%), NESTLE (-9.0%) and ZENITHBANK (-5.0%) undermined market performance....
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1.0KEnough Pain for Bank Stocks?
Since the Central Bank of Nigeria published its circular on bank recapitalisation on 28 March, the NGX Exchange’s bank index has fallen...
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266Stock Market Starts Week on Positive Note
EQUITIES The local bourse kicked off the week on a positive note following renewed buying interest in GTCO (+9.6%) and ZENITHBANK (+6.8%)....
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314Economic and Market Report: Week Ended 19-04-2024
Global Economy According to the National Bureau of Statistics (NBS) of China, the Chinese economy beat market expectations (+5.0% y/y) as it...
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464Exchange Commission moves to curb illicit funds in banking recapitalisation
The Securities and Exchange Commission has revealed its stance against the admittance of illicit funds into the capital market through the fresh...
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287Bears Dominate Again
EQUITIESThe local bourse reversed yesterday’s gain as sustained profit-taking activities in GTCO (-3.9%) caused a 0.1% decline in the NGX ASI to...
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322Local Bourse Retreats
EQUITIES Positive sentiments resurfaced in the domestic equities market today following bargain hunting in FBNH (+6.9%). Precisely, the All-Share Index gained 0.1%...
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191NGX Group, Corporates Seek Government’s Intervention In Manufacturing Sector
Nigerian Exchange Group and some listed companies have sought the intervention of the Federal Government to ease the challenges faced by the...
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366Stock Market Posts Biggest Single-day Loss
For the eight consecutive sessions, the Lagos bourse extended its losing streak as the benchmark Index closed 1.93% weaker – the biggest...
