The Nigerian stock market, on Wednesday, reversed gains from previous sessions with a loss of N193 billion.
The Securities and Exchange Commission (SEC) has approved the commencement of Nigerian Breweries Plc’s Rights Issue of 22.607 billion Ordinary Shares of 50k each at N26.50...
Opening the week, investors’ interest in Tier-one banking stocks further extended gains of the Nigerian stock market capitalisation by N123 billion or 0.22 per cent.
Equity investors gained a total of N349 billion week-on-week, as the Nigerian Exchange Ltd.(NGX) market capitalisation appreciated by 0.63 per cent to close the week.
The Nigerian stock market on Friday closed the week on a positive note, with investors adding N99 billion to their portfolios.
The domestic bourse on Wednesday halted its three consecutive sessions of gain, as the market capitalisation shed N176 billion or 0.32 per cent.
Opening the week on Monday, investors on the Nigerian stock market lost N750 billion from their portfolios as bearish sentiment persisted.
The Securities and Exchange Commission (SEC) on Wednesday vowed to ensure the settlement of unclaimed dividends, which stood at N215 billion as at March.
Investors’ renewed interest in MTN Nigeria, Zenith Bank, Guaranty Trust Holding Company (GTCO), and other stocks on Thursday made the equity market to gain N578 billion.
The Nigerian stock market rebounded with positive momentum on Wednesday, adding N97 billion to investors’ portfolios.