Market Capitalisation on the Nigerian bourse further closed on a negative position on Wednesday with the All-Share Index (ASI) decreasing by 0.06 per cent to 51,556.54 from 51,586.5 on Wednesday.
Following losses in Nigerian Breweries and 17 stocks, the Nigerian Exchange Limited (NGX) reopened on a bearish note yesterday, causing the All-Share Index (ASI) to depreciate by 0.07 per cent.
The seven companies are: Niger Insurance, C&I Leasing, African Alliance Insurance, Coronation Insurance, Ekocorp, Premier Paints and Mutual Benefits Assurance. The suspension, which takes effect from yesterday, July 1, 2022, implies that there would be no price movement on the shares because the company’s investors would no longer trade on their stocks. A circular issued […]
Following sustained bargain hunting in many blue-chip stocks, especially Okomuoil and MTN Nigeria, the Nigerian Exchange Limited (NGX) recorded the fifth consecutive session of gain yesterday
Losses suffered by many blue-chip stocks, especially Nigerian Breweries and Northern Nigeria Flour mills (NNFM), sustained the dominance of the bears on the equities sector of the Nigerian Exchange Limited.