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MayTHE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR MAY 20th – 24th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 1.986 billion shares worth N40.715 billion in 38,487 deals. This represents a decrease in value compared to the previous week, where 1.652 billion shares valued at N42.677 billion […]
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MayTHE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR MAY 13th – 17th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 1.652 billion shares worth N42.677 billion in 38,123 deals. This represents a decrease compared to the previous week, where 2.187 billion shares valued at N50.667 billion were exchanged[…]
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MayThe Nigerian stock market is experiencing a downturn characterized by a shortage of positive news, volatile FX market, rising inflation rates, and anticipation of another rate hike at the next Monetary Policy Committee (MPC) meeting. Investors are adopting a cautious approach amid expectations of further bearish trends following the fizzling out of first-quarter results momentum. The market[…]
