Tag: NGX Exchange
Nigerian equities market closes 2bps lower despite positive sentiment
WED, OCT 25 2023-theGBJournal| The NGX Exchange traded marginally lower today as profit-taking activities in UBA (-5.8%) and GTCO (-1.3%) caused a 2bps decline...
Analysis| Nigeria’s enormous pension funds are warming to equities again
...Given the enormous aggregate size of pension funds, at N17.1 trillion, we imagine that pension funds are active in the most liquid stocks.
...Pension funds'...
Markets Wrap| Naira gains at NAFEM, NGX benchmark index falls by...
...The Nigerian Treasury bills secondary market traded quietly, as the average yield was unchanged at 6.9%.
...Treasury bond secondary market were mixed, albeit with a...
NGX ASI year-to-date return books 30.56% fall as losses in heavyweight...
SAT, OCT 21 2023-theGBJournal| During the final trading session of the week, the local stock exchange experienced another day of decline, with the NGX...
NGX benchmark index closes in red after heavy profit taking
THUR, OCT 19 2023-theGBJournal| Nigerian equities market turned negative as the benchmark index lost 0.38% to close at 67,098.80
Investors took profits off STANBIC (-8.5%),...
GUINEAINS and ETERNA are biggest gainers as NGXASI notched 4bps gain...
WED, OCT 18 2023-theGBJournal|The Nigerian equities market traded marginally higher in today’s session, following investors’ interest in ZENITHBANK (+1.2%), UBA (+1.6%) and GTCO (+0.7%)....
NGX All-Share Index posts 0.43% rebound
TUE, OCT 17 2023-theGBJournal| Nigerian equities market reversed Monday’s loss as the All-Share Index inched higher by 0.4% to 67,326,12 points.
Today’s market performance was...
Nigerian markets subdued by bearish sentiments as investors digest latest inflation...
...The FGN bond secondary market traded quietly as the average yield remained at 14.4%.
...The naira depreciated by 1.8% to N778.80/USD at the Nigerian Foreign...
NGX benchmark Index edges 0.05% higher, ZENITHBANK, ACCESSCORP and FBNH gain
THUR, OCT 12 2023-theGBJournal|The Nigerian equities market ended trading session Thursday mixed, albeit with a bullish tilt as the NGX benchmark index closed 0.05%...
Nigerian equities closes sharply lower with market sentiment negative
TUE, OCT 10 2023-theGBJournal|The Nigerian equities market reversed Monday’s gains following the late profit-taking activities in PRESCO (-9.5%) and ETI (-5.3%).
Consequently, the All-Share...
