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NIGERIAN STOCK MARKET
News and stories about Nigerian stock market
The Nigerian stock market wrapped up the trading week ending October 11, 2024, on a positive note, gaining 86.09 points to close at 97,606.63.
The Nigerian stock market closed on a positive note on October 4, 2024, as the All-Share Index (ASI) advanced by 0.47%, adding 456.12 points to settle at 97,520.54.
Caverton Offshore Support, a leading marine and aviation logistics company, has seen its share price surge by over 65% month-to-date in the Nigerian stock market.
The Securities and Exchange Commission (SEC) has recently announced the implementation of new measures aimed at simplifying the process for companies to list their shares on the Nigerian Exchange.
The leading 10` stockbroking firms in the Nigerian stock market raked in a whopping N19.209 billion in the first half of the year 2024 as increased volume and value of trade in the NGX boosted brokerage revenue.
Fidelity Bank Plc started its N127.1 billion combined rights and public offers to rousing support from the investing public as key capital market stakeholders recalled the symbolic importance of Fidelity Bank's impressive growth and investor-friendly disposition over the years.
The NGX All-Share Index wrapped up the trading week on a downward trajectory, shedding 298.41 points to close at 103,437.67 points, marking a decrease from the previous close of 103,736.08 points.
The Governor of the CBN, Yemi Cardoso, is slated to engage with foreign portfolio investors in a crucial meeting on Wednesday, Feb 28, 2024.
The Nigerian stock market maintained its positive momentum as the total value of listed shares rose by N449 billion on Tuesday, 18th July 2023.
Nigerian Equities rallied to a 5.2% gain on Tuesday as investors reacted positively to the inauguration speech of President Bola Tinubu.
Stock trading offers benefits to young people, including additional income, wealth building, skill development, diversification of income and portfolio, and access to global market opportunities and returns.
The Nigerian stock market experienced a loss of N674 billion during the first trading week of the second quarter of 2023, indicating that the market could face mixed sentiment in Q2.