Nigerian stocks halt brief slide on telecoms gains
Market breadth was negative as total of 15 losers were recorded compared to 14 decliners.
Market breadth was negative as total of 15 losers were recorded compared to 14 decliners.
The all-share index climbed down by 715.7 basis points to 49,629.4, while market capitalisation dropped to N29.3 trillion.
The all-share index grew by 37.4 basis points to 54,364.7, while market capitalisation advanced to N29.6 trillion
Market breadth was positive as 20 gainers emerged compared to 16 laggards
Keeping with recent trend, Nigerian stocks returned 20 per cent or N4.7 trillion at the sound of the closing bell ...
The all-share index rose by 10.3 basis points to 48,899.1, while market capitalisation closed higher at N26.6 trillion.
Shares have returned 13 per cent so far this year.
The main equity index expanded by more than 2 per cent or N517.8 billion.
Demand pressure on the shares of MTN Nigeria, Zenith Bank, GTCO and WAPCO helped sustain the bull run.
The latest data by the statistics office showed the inflation figure for October at 21.1 per cent compared to 20.8 ...
Large sell orders on the shares of MTN prompted the retreat as trade volume diminished by 11 per cent even ...
The measured advance was driven by higher demand for a couple of mid-cap stocks including Geregu Power, FBN Holdings and ...
Measly gains cumulatively garnered by bank stocks like Zenith, Access Holdings, Zenith and FBN Holdings were eroded by dips in ...
The all-share index grew 14.1 basis points to 44,332.2, while market capitalisation marginally climbed to N24.1 trillion.
The telecom operator has shed more than N2 trillion in market value in less than two weeks, having seen a ...
The all-share index diminished 7.5 points to 47,524.4, while market capitalisation dropped to N25.7 trillion.
The NGX 30, the index tracking the combined progress of the top 30 firms in terms of market value and ...
The index has been up by 16.2 per cent so far this year.
Market breadth, an indicator showing the direction stocks are likely to head soon, was positive with 17 gainers on record ...
The main equity index added N532.2 billion or 2 per cent as sector leaders Airtel Africa and Nestle drove gain.
The all-share index jumped by 120.6 basis points to 48,675.3, while market capitalisation closed rose to N26.3 trillion.
Year to date, the index is up 15.6 per cent.
The all-share index expanded 80 points to close at 49,709.5, while market capitalisation closed higher at N26.8 trillion.
Traders ignored impressive half-year earnings of Presco and FBN Holdings as they put huge volumes of both firms’ shares to ...
Sell-off in the shares of cement makers BUA Cement and Dangote Cement triggered the drop in a session.
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