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Nigerian equities closes sharply lower with market sentiment negative

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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...

Analysis| State of Nigeria’s financial markets six months after the election

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...The investment outlook for Naira fixed income investments (T-bill, FGN bonds) remains unclear. ...Yields are well below the rate of inflation and investors are not...

BUACEMENT, WAPCO and NB propel market gains as NGX benchmark index...

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MON, OCT 09 2023-theGBJournal|The Nigerian equities market rebounded, up 0.1% to settle at 67,101.33 points Monday, amid investors interest in industrial heavyweight, BUACEMENT (+10.00%)...

Nigerian equities shake off three-week slide to close 0.1% w/w stronger

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...UBA (+2.69%) led the volume chart with 52.42m units traded while BUACEMENT (+0.00%) led the value chart in deals worth N4.06bn. ...Year-to-date (YTD) return fell...

Sell presures on MTNN drives NGX benchmark index 0.4% down but...

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WED, OCT 04 2023-theGBJournal|The Nigerian equities market reversed yesterday’s gains as late sell pressures on MTNN (-3.9%) drove the benchmark index 0.4% lower to...

Markets Today|NGX All-Share Index opens the week bullish, gains 0.6%, T-Bills...

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...The naira appreciated by 1.4% to NGN745.19/USD at the I&E window. ...The Treasury bills secondary market traded with bullish sentiments TUE, OCT 03 2023-theGBJournal |Trading activities...

Total transactions in the domestic equities market drops to a five-month...

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SAT, SEPT 30 2023-theGBJournal | Total transactions in the domestic equities market dropped to a five-month low, declining by 62.7% m/m to N262.56 billion...

A brutal week for equity investors as losses dominate all four...

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SAT, SEPT 30 2023-theGBJournal |It was a brutal week for equity investors as the Nigerian stock market recorded losses in all four trading sessions...

NGX All-Share Index extends losses by 0.34%, market capitalization sheds N126.14bn

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TUE, SEPT 26 2023-theGBJournal |The bears continued to dominate the domestic bourse as the benchmark index gave up 0.34% to close at 66,652.17 points. Sell...

NGX Exchange to mobilize capital for FG’s agenda, says Popoola, NGX...

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...Highlights privatization initiatives in the telecommunications sector MON, SEPT 25 2023-theGBJournal | The CEO of Nigerian Exchange Limited, Mr. Temi Popoola, has affirmed that NGX...