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STOCKS
News and stories about stocks
Nigerian equities market ended the trading session for August 2023 bullish as Investors continue to buy into blue-chip firms.
The Nigerian equities market recorded a dip at the end of Wednesday’s trading session after the market hit a record high the previous day.
The Nigerian Bourse (NSE) witnessed a positive turn on Friday, as the bearish sentiment gave way to an impressive upswing, resulting in a noteworthy increase of N86 billion in the aggregate market value of listed stocks.
The NGX opened the week with a bullish trajectory as it added N76 billion to its market value, reflecting a rise of 0.21%.
The Nigerian stock market started the week with a bullish trend, as the total value of listed equities increased by N144 billion.
The Nigerian equities market closed on a positive note, as the market capitalization of listed companies increased by N95 billion on Thursday, 20th July 2023.
The Nigerian equities market breadth closed negative as the market capitalization lost N6 billion on Wednesday, 19th July 2023.
The market trade value increased significantly by 84.7% yesterday, as shares worth N95.01 billion were traded, as opposed to N10.31 billion in the previous session.
Previous generations missed out on investing due to various reasons such as lack of funds or unfamiliarity with the investment process.
The most possible way most people can reach their financial goals this New Year is by investing in profitable assets.
The Nigerian equities market rallied by 19.98% in 2022, higher than the 6.07% printed in the previous year
While most investors are fidgeting as asset prices plummet, those with a cool head can see the resulting low prices as a buying opportunity