Tag: investors gain

Bulls Tighten Grip on Nigerian Exchange as Investors Gain N244bn

By Dipo Olowookere The Nigerian Exchange (NGX) Limited further consolidated its gains on Friday after it closed higher by 0.54 per cent amid a decline in the level of activity. A total of 600.6 million shares worth N9.1 billion were traded in 11,697 deals yesterday versus the 877.3 million shares worth N14.4 billion transacted in… Continue reading Bulls Tighten Grip on Nigerian Exchange as Investors Gain N244bn

Investors Pocket N356bn on Renewed Interest in BUA Cement, Others

By Dipo Olowookere The Nigerian Exchange (NGX) Limited closed higher by 0.97 per cent on Monday on the back of a renewed bargain-hunting in BUA Cement, Nigerian Breweries and others. The buying interest was seen across the sectors, except the banking space, which came under profit-taking, weakening its index by 0.44 per cent at the… Continue reading Investors Pocket N356bn on Renewed Interest in BUA Cement, Others

Stock Market Rebounds by 0.28% as Investors Gain N74bn

By Dipo Olowookere The Nigerian Exchange (NGX) Limited rebounded by 0.28 per cent on Wednesday, following renewed bargain-hunting by investors. The demand for mid and large-cap stocks, especially in the industrial goods and banking sectors, contributed to the lifting of the stock market in the midweek session. As a result, the All-Share Index (ASI) improved… Continue reading Stock Market Rebounds by 0.28% as Investors Gain N74bn

Investors Gain N20bn Despite Financial Stocks’ Scare

By Dipo Olowookere Despite the selloffs witnessed in the financial services sector of the Nigerian Stock Exchange (NSE) on Wednesday, investors managed to gain N20 billion from the market. The gains came from consumer goods equities, helping the market to rise by 0.15 per cent, thereby reducing the year-to-date loss of the exchange to 5.63… Continue reading Investors Gain N20bn Despite Financial Stocks’ Scare

Nigerian Stocks up by 1.10% as Investors Gain N148b

By Dipo Olowookere Transactions on the floor of the Nigerian Stock Exchange (NSE) closed on Thursday on a positive note, extending the rally to the second trading session. At the close of business today, the stock market finished 1.10 percent higher as investors embark on bargain hunting at the market. The All-Share Index (ASI) increased… Continue reading Nigerian Stocks up by 1.10% as Investors Gain N148b

Investors Gain N206b as Market Capitalisation Crosses N10tr Mark

By Modupe Gbadeyanka The bullish movement on the floor of the Nigerian Stock Exchange (NSE) was extended for another day at the close of trading activities on Friday. Business Post reports that the market capitalisation, for the first time in many months, crossed the N10 trillion mark, settling at N10.048 trillion at the end of… Continue reading Investors Gain N206b as Market Capitalisation Crosses N10tr Mark

Investors Gain N7.9b as 21 Stocks Rise

By Modupe Gbadeyanka Stock market in Nigeria reversed Tuesday’s loss to finish bullish today with the major indices appreciating at the close of trading, Business Post reports. The all-share index improved by 22.91 points or 0.09 percent to end at 26,240.45  points, while the market capitalisation advanced by N7.9 billion to close at N9.03 trillion.… Continue reading Investors Gain N7.9b as 21 Stocks Rise