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MARKET
The equities market experienced a downturn on Thursday, as the Nigerian Stock Exchange (NSE) lost N111 billion in market capitalization.
The Nigerian stock market started the week with a bullish trend, as the total value of listed equities increased by N144 billion.
The Nigerian stock market kicked off the week with a strong performance as the market value of listed equities increased by N204 billion on Monday, 17th July 2023.
The Crypto market struck a lifetime high after gaining five times in market value since 2020.
In a world where the Coronavirus pandemic has caused uncertainties in capital markets, agritech startups may have become safer options for investors.
The Nigerian Stock Exchange All Share Index firmed up further by 0.71% in today’s trading session to close at 21,073.26 points.
The Nigerian bourse ended Tuesday’s trading session in the green, halting its previous losses as the All Share Index improved by 1.24%
The Nigerian bourse All Shares Index / Market Capitalization fell by -2.02% to close at 20,669.38 and N10.771trillion respectively
Kweku Adoboli said he has a plan to start what he described as Ghana’s “mortgage-backed bond market”.
The FUGAZ attracted a huge volume of trades on the floor of the stock market as they traded in 147.32 million shares at N2.68 billion.
The Group CEO of GTB, Segun Agbaje, does not see the potential of Nigeria’s GDP growth figure going beyond 2% in the next twelve months.
The prices of several food items once again witnessed a significant drop. According to the latest Household Survey, prices of tomatoes and pepper crashed significantly, while the prices of local rice, yam and other items continue to ease off.