Monthly Archives: May 2022

The Nigerian stock market in the past few weeks has been bullish, except that it closed marginally lower by 0.22% last week, occasioned by profit taking in MTN and Seplat. The positive vibration was triggered by impressive performance in FY 2021, dividend pay-out and Q1 2022 results of listed companies. Based on the quality of earnings released […]

The Nigerian stock market closed lower last week, occasioned by profit taking in MTN and 41 other stocks. The All Share Index and Market capitalization dropped by 0.22% to settle at 52,979.96 and N28.562 trillion respectively. An aggregate of 3.02 billion units of shares were traded in 29,151 deals, valued at N31.78 billion. The market breadth closed[…]

The Nigerian Stock Exchange Market on Friday closed on bearish note as The All Share Index declined by 0.55% to close at 52,979.96 points from the previous close of 53,275.49 points. Investors lose N159 billion as the Market Capitalisation dropped by 0.55% to close at N28.562 trillion from the previous close of N28.721 trillion. At the close[…]