27

Jun

Market returns -0.14% WtD amidst profit taking

The Nigerian stock market declined last week as Dangote Cement, Airtel Africa, BUA Cement, Presco and other 52 stocks shed weights. The All Share Index and Market capitalization declined by 0.14% to settle at 51,705.61 and N27.875 trillion respectively. An aggregate of 1.12 billion units of shares were traded in 22,349 deals, valued at N13.7 billion. The […]

27

Jun

Pension assets grew by 1.13% to N14.19tn in May

Recent data released by the National Pension Commission (PenCom) on pension funds industry portfolio for the period ended 31 May 2022 revealed that the total assets under the Contributory Pension Scheme rose to N14.19 trillion in May 2022. This translates to 1.13% growth from N14.04 trillion reported in April 2022. The figures showed that N8.8 trillion of[…]

27

Jun

Investors gain N47bn as NGXASI grows further by 0.17%

The Nigerian equity market on Friday grew further as the All Share Index appreciated by 0.17% to settle at 51,705.61 points from the previous close of 51,618.73 points. Investors gained 47 billion as The Market Capitalisation was up by 0.17% to close at N27.875 trillion from the previous close of N27.828 trillion. An aggregate of 156 million[…]