Will dollar repricing drive Nigerian stocks higher?
The NGX All-Share Index and Market Capitalization appreciated by 1.97% and 2.00% to close the week at 104,421.23 and N57.158...Read MoreNGX starts the week on a bearish note, as ASI declines by 0.73% to close at 103,659.81
In the week between January 22-26, 2024, the Nigerian Exchange (NGX) appreciated by 8.32% to close at 102,401.88 points, an..Read MoreNGX lists 106 million in Chapel Hill’s infrastructure debt fund
NGX has admitted Chapel Hill Denham Management Limited’s Series 9 Nigeria Infrastructure Debt Fund of 106,350,000 Units of N100.00 each...Read MoreInvestments to consider in Nigeria in 2024 despite high inflation
Most Nigerians' purchasing power has been negatively impacted by the decreasing naira, the high cost of living, and inflation, which...Read MoreInternational Breweries gets shareholders’ approval for capital raise via rights issue
Lorem ipsum dolor sit amet, consecteturadipiscing elit, sed do eiusmod tempor incididunt ut labor...Read MoreRecord breaking NGX – A Stockfish market
Rain is a blessing but not the kind of rain that used to fall in Lagos causing flood and carrying...Read More
Feb 9th, 2024 • 4 mins read
Dangote Cement and MTN Nigeria lose N1.878 trillion amid massive selloffs
Dangote Cement Plc and MTN Nigeria Plc recorded a combined loss of about N1.878 trillion at the end of Monday’s trading session as the domestic bourse came under selling pressure.
DAILY MARKET SUMMARY
NGX TRADING SUMMARY FOR WEDNESDAY, 31ST JULY, 2024
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 1.838billion shares were traded in 10,847deals, amounting to a market value of NGN23.114billion. Compared with the previous trading day (Tuesday July 30), today’s data shows a 360% increase in volume, a 189% increase in value and a 4% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN55.51trillion, while the All-Share Index (ASI) closed at 97,774.22 Basis points, decrease 56.43Basis Points, representing a 0.06% decrease, and a YTD increase of 3 1.70 % as against the previous trading day’s close of 97,830.65Basis points.