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Renewed bargain hunting in 21 stocks lift indices by N298bn

After three consecutive sessions of losses, renewed bargain hunting in the shares of MTN Nigeria (MTN N), Betaglas and 19 other stocks lifted market capitalisation by N298 billion. ....

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Bullrun persists as investors' fortune rises further by 0.2% | The Guardian Nigeria News - Nigeria and World News — Business — The Guardian Nigeria News – Nigeria and World News

Nigerian equities market extended gains, yesterday, as most blue-chip companies appreciated, raising the all-share index (ASI) by 0.2 per cent. ....

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NGX opens new week in red, down by N80bn

The Nigerian stock market resumed trading on Monday in red to halt the seven consecutive days gaining sessions due to profit taking. ....

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Sell-off in Stanbic IBTC, others trigger loss in equities market

Sell-off in Stanbic IBTC Holdings and 21 other stocks dragged transactions on the Nigerian Exchange (NGX), extending the bearish trend to close on a downturn yesterday as the all-share index (ASI) depreciated by 0.92 per cent.
ASI declined by 367.97 absolute points, representing a dip of 0.92 per cent to close at 39,433.81 points while market capitalisation depreciated by N193 billion to close at N20.637 trillion.
The market loss was driven by price depreciation in large and medium capitalised stocks including Unilever Nigeria, Guaranty Trust Bank, Zenith Bank and Julius Berger.
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Analysts at Afrinvest Limited said: “We expect the market performance to remain bearish in the next trading session, as investors continue to take a position in the fixed income space due to rising yields.” ....

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Market capitalisation hits N22tr mark on sustained bargain-hunt

Following sustained bargain-hunting in most blue-chip stocks, transactions at the Nigerian Stock Exchange (NSE) continued upbeat, as market capitalisation of listed equities hit N22 trillion mark.
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