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STOCK MARKET
News and stories about stock market
The Nigerian stock market closed the third week of September on a positive note, with the All-Share Index (ASI) rising by 0.81% as it inches closer to the 100,000-point milestone.
The Nigerian All-Share Index (ASI) extended its positive trajectory in another trading session, gaining 229.02 points as positive sentiment continued to fuel market activity.
The Nigerian stock market recorded gains this week, with the All-Share Index rising by 1.06% to close the second week of September on a positive note, driven by renewed momentum in the banking sector.
In this episode, we dive into the Nigerian stock market's performance at the start of September 2024. With...
The All-Share Index (ASI) closed the first week of September 2024 with a 0.15% decline, falling from 96,580 points to 96,433 points.
The Nigerian oil and gas sector has maintained a four-month buy-side run, up 27% from April's closing. Positive stock performance of companies in the sector has contributed to an 8% August rise.
This week has been a noteworthy one for the global crypto industry following a severe crash in the prices of various crypto assets.
Amid a global stock market crash that saw global stock markets lose over $2 trillion in market capitalization, the Nigerian Exchange (NGX) posted its first bullish trading day since July 22, 2024.
Investing in the stock market offers numerous opportunities, but selecting the right investment vehicle is essential to optimising returns while minimising risk.
Financial analysts have forecasted a likely pullback in the stock market during the second half of 2024, following a peak in the first half of the year.
Nigerian Breweries Plc (NB) was the best-performing stock in the NGX today, gaining 10%, marking a N29.9 billion equity gain. The stock closed at N31.90 from an opening price of N29.00.
The NGX All-Share Index on the Nigerian Exchange Limited (NGX) experienced a slight decline, dropping by 183.88 points to reach 103,952.47 points.