Equities Market

Equities, Forex Markets Record Losses as Supreme Court Declares Tinubu President

October 27, (THEWILL) - Nigeria’s equities and foreign exchange markets declined after the day’s transactions as mixed reactions trailed the Supreme Court’s judgement affirming Bola Ahmed Tinubu’s victory at the February 25 presidential election polls. Nigeria's Supreme Court on...

Investors’ Interest in Telecoms, Banking Lifts Market by N187bn Gain

October 25, (THEWILL) - Nigerian equities market on Tuesday jumped by N187 billion following gains from investors’ scramble for telecoms and banking stocks. The outcome helped the market to bounce back, paring previous session losses as the market...

Equities Market Gains N158bn on Investors’ Push for Banks’ Stocks

October 18, (THEWILL) - Investors’ preference for banks’ stocks on Tuesday drove the equities market into positive territory, recording a gain of N158 billion at the end of the day’s trading. Recovering from the previous session's loss, the domestic...

Profit-taking Pressure Launches Stock Market Into N64bn Loss as Naira Gains 1% At I&E Window

October 11, (THEWILL) - The Nigerian equities market on Tuesday reversed previous day’s gains following the late profit-taking activities in Presco (-9.5% from N201.20 share price) and Ecobank (-5.3% against N16 per share). Consequently, the All-Share Index lost...

Investors’ Scramble for Access, WAPCO, UBA Stocks Lifts Market With N140.77bn Gain

October 06, (THEWILL) - Gains in Access Corporation, WAPCO, and UBA, contributed to lift the stock market by N140.77 billion on Thursday. The three fortune-raisers earned +0.31% (against N16.15 per share), +0.51% (against N29.60 share price) and +0.30%...

Scramble for Bua Cement, Bank Stocks Pushes Equities to N212.8bn Gain

October 04, (THEWILL) - Renewed investor interest in Bua Cement (+9.94% against N9.94 per share), Zenith Bank (+0.16% on N31.50) and GTCO (+2.18% against N2.28 per share) were the primary drivers of the overall market's strong performance outweighing...

Huge Decline in Banking Stocks Shrinks Equities Market As Naira Plunges to N775.35/$

September 28, (THEWILL) – Continued decline in major banking stocks --- GTCO (-0.72% from N34.75), Access Corporation (-0.32% against N15.55) and FBNH (-0.31% against N14.10) were the drivers of the market's weak performance. As a result, the ASI's year-to-date (YTD)...

Transcorp Tops Leading Stocks in Turnover, Volume As ASI Climbs By 3.00%

September 10, (THEWILL) - Trading in the top three equities namely Transnational Corporation Plc, Sterling Financial Holdings Company Plc and Fidelity Bank Plc (measured by volume) accounted for 1.065 billion shares worth N6.525 billion in 6,801 deals, contributing 37.17%...

NGX Among Africa’s Best Performing Markets In 3 Months…As market Cap Hits N1.4trn In August

September 03, (THEWILL) - Despite concerns around the soaring inflation, interest rate hikes and weak macroeconomic indices, investors’ confidence in Nigeria’s stock market remained strong, leading to Nigerian Exchange Limited (NGX) emerging one of the best performing exchanges in...

Equities Market Closes Positive in Week of August 21

August 27, (THEWILL) - The NGX All-Share Index and Market Capitalization appreciated by 1.29% to close the week at 65,558.91 and N35.881 trillion respectively A total turnover of 1.812 billion shares worth N29.299 billion in 31,163 deals was traded last...
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Over 10,000 Nigerians Killed, Hundreds Of Villages Sacked By Gunmen Under Tinubu – Amnesty

Amnesty International says at least 10,217 people were killed in attacks by gunmen across seven states during the...
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