The federal government says the Nigerian stock market is experiencing an unprecedented boom, with key indicators showing remarkable...
The year-to-date (YTD) return of the NGX All-Share Index shows its resilience, standing at an impressive 39.84%
New data published by the World Federation of Exchanges (WFE), the global industry group for exchanges and central clearing counterparties, shows a strong recovery in global market capitalization in 2023.
The equity market continued in its bearish run for the 7th consecutive week as the ASI dipped by 0.69% to close at 38,382.39 points.
Stock market investors lost N153.6 billion on Monday to a bearish trade session after the market capitalisation bowed to N14.46 trillion.
Investors lost N403.02 billion last week, as experts attributed the development to the sell-offs witnessed in MTN Nigeria Communications Plc, Guaranty Trust Bank Plc, and Access Bank Plc.
It may even interest you to know that out of the 170 companies on the Nigerian bourse, only about six of them account for as much as 68% of the entire market capitalisation of the NSE.
