Stock market moves further south by 0.24%

Nigeria’s equities market continued its losing streak on Tuesday, dipping by 0.24 percent or N62 billion. Neimeth International Pharmaceuticals, Nigerian Breweries, Caverton, ETI, Union Bank, and other stocks led the market to a negative close. Neimeth decreased from N1.38 to…

Stock Market Close Flat as Investors Sentiments Prevail

Investors mixed sentiments prevailed yesterday in the stock market of Nigerian Exchange Limited (NGX), leading to a 0.004 percent gain. The NGX All Share Index (ASI) rose by 2.01 basis points or 0.004 percent to 49,627.72 basis points from 49,625.71…

Stock market investors gain N158bn

Investors’ shares in the Nigerian stock market rose by N158bn last week as 29 firms recorded price appreciation. The All-Share Index of the Nigerian Exchange Limited and market capitalisation increased by 0.55 per cent to close the week at 53,201.38…

2021 FULL YEAR: Stock market growth outpaces economy by 2.04%

Against the backdrop of marginal economic recovery in 2021, Nigeria’s stock market recorded a slowdown in growth but the performance indices remained in positive territories. Though the sustained positive trajectory in the market was slower compared to that of 2020, but it…

Stock market news live updates: Stocks extend losses, Nasdaq sinks as Treasury yields climb

Stocks sank Tuesday, with technology stocks leading the way lower as investors nervously eyed a swift rise in U.S. Treasury yields. The Nasdaq, a proxy for technology and growth stocks, underperformed against the other two major stock indexes, dropping more…