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Foreign Transactions On NGX Hit 99 64% As Newgold Lead As Most Active Stock

Foreign Transactions On NGX Hit 99 64% As Newgold Lead As Most Active Stock
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NGX ETF Market Capitalization Hits N20 32bn 再s Trade Volume Rise By 3064%

NGX ETF Market Capitalization Hits N20 32bn 再s Trade Volume Rise By 3064%
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Nigerian Stock Exchange Engages Issuers To Deepen Activity In ETF Market

Nigerian Stock Exchange Engages Issuers To Deepen Activity In ETF Market Date 03/03/2021 The Nigerian Stock Exchange (NSE or The Exchange) engaged with Exchange Traded Funds (ETFs) Issuers’ in the Nigerian capital market consistent with its commitment to deepen activities in the segment on Wednesday, 3 March 2021. The virtual session highlighted key development areas for the market specifically in terms of product issuances, market liquidity, regulatory landscape and capacity building. Speaking at the event, the Divisional Head, Trading Business, NSE. Mr. Jude Chiemeka noted that, “Exchange Traded Funds (ETFs) are one of the fastest-growing capital-market investment vehicles in advanced economies, offering transparency, liquidity, diversification, and lower costs. For an emerging market like Nigeria, the ETF marketplace represents a meaningful opportunity to support the development of domestic capital markets, leading to greater price transparency, investor diversificat

UBA, ARDOVA drop, Nigerian Stocks investors lose N16 billion

The NSE Banking Index traded bearish at the end of the trading session today. 6 banks posted Gains and 4 Losses were recorded. The NSE Banking Index finished red with a loss of -0.52% adding to the -0.97% held in the previous trading session. The index dropped to 343.03 index points at the close of trading activities today. Sterling Bank posted a substantial loss of -9.76% adding to the -0.61% held at the previous trading session pushing the price downwards from N1.70 to N1.49 and leading the top losers in the NSE Banking index. Zenith Bank also saw another loss of -1.38% adding to the -0.91% held in the previous session pushing the price from N22.00 to N21.80.

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