03

Nov

Stock Market Returns -0.98% WoW, sheds N964bn

The Nigerian equities market closed bearish last week, halting weeks of successive gains triggered by selloff in Dangote Cement and 69 other stocks that closed the week lower amidst quarter three earnings release. The All-share index was down by 0.98% to close at 154,126.45 points from 155,645.05 points recorded in the previous week. Investors lost N964 billion […]

27

Oct

Market sustains bullish trend as investors gain N4.23trn in one week

Nigerian Stock Market sustained its bullish ride, driven by renewed investors’ confidence in fundamentally sound stocks and anticipation for more Q3 earnings results. The All-Share Index appreciated by an impressive growth of 4.48% to close at a new all-time high of 155,645.05 points while Market capitalization closed the week at N98.793 trillion. Year-to-date (YTD), the market has[…]