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NIGERIAN EQUITIES MARKET
The Nigerian equities market started 2025 on a moderate bullish note, posting a 1.53% gain in January.
Investors in the Nigerian equities market faced a setback in February 29, 2024, with an estimated loss of approximately N650 billion as the domestic bourse grappled with significant selling pressure following profit takings.
Investors in the Nigerian equities market incurred a loss of approximately N1.988 trillion by the conclusion of the trading week, as the domestic bourse faced significant selling pressure.
The Nigerian equities market closed bearish during the week as the All-Share Index depreciated by 1.08% in the week ended 20th April 2023.
The Nigerian equities market closed bullish last week as the All-Share Index appreciated by 1.06%.
The Nigerian equities market closed bullish during the week as the All-Share Index appreciated by 0.12% in the week ended 27th January 2023
Fourteen of the blue chip companies listed on the Nigerian Exchange printed gains above the 2022 inflation rate
The Nigerian equities market closed bearish during the week ended January 6th, as the All-Share Index depreciated by 0.06%
16 indexes finished higher while 3 indexes depreciated at the end of the trading week
Further analysis showed that Nestle closed the trading week with N764.0414 billion in market capitalisation
This comes amid a build-up to the 2023 general election and a recent interest rate hike by the Central Bank of Nigeria
Tier-1 banks recorded mixed performances as the equities market lost N2.5 trillion in October