NGX

Cement Stocks Drag NGX Lower As Investors Lose ₦3.64trn

June 24 (THEWILL) — The Nigerian Exchange (NGX) closed sharply lower on Wednesday, as heavy selloffs in major cement and insurance stocks triggered a broad market decline, wiping ₦3.64 trillion off investors’ wealth. Market capitalisation fell from ₦154.484 trillion at...

NGX Rebounds As Airtel Africa Rally Lifts Market Capitalisation By ₦1.64trn

June 23 (THEWILL) — The Nigerian Exchange (NGX) reversed its recent losing streak on Tuesday, as renewed buying interest in large-cap and mid-cap stocks pushed key market indicators higher. Market capitalisation gained ₦1.64 trillion to close at ₦154.484 trillion, up...

NGX Rebounds As Banking Stocks Drive Broad-Based Market Recovery

June 22 (THEWILL) — The Nigerian equities market opened the week on a positive note on Monday. Market capitalisation rose from ₦151.327 trillion at the opening to ₦152.845 trillion at the close of trading, reflecting a significant gain in...

NGX Ends Week Lower as Broad Sell Pressure Weighs on Market Performance

June 21 (THEWILL) —The Nigerian Exchange (NGX) closed the week on a bearish note as sustained sell pressure across major counters dragged key performance indicators lower, wiping approximately ₦5.64 trillion from investors’ wealth. The NGX All-Share Index (ASI) depreciated by...

NGX Extends Losing Streak as Investors Lose ₦939bn

June 19 (THEWILL) — The Nigerian Exchange (NGX) ended Friday’s trading session on a negative note as sustained profit-taking in major banking and industrial stocks extended the market’s losing streak, eroding approximately ₦939 billion from investors’ wealth. Market capitalisation declined from...

NGX Extends Losing Streak as Investors Shed ₦2.18tn

June 18 (THEWILL) — The Nigerian Exchange (NGX) closed lower on Thursday as sustained sell pressure across key counters dragged market performance deeper into negative territory, wiping off approximately ₦2.18 trillion from investors’ wealth. Market capitalisation declined from ₦154.445 trillion...

NGX Introduces New Trading Volume Thresholds for Share Price Movements

June 18 (THEWILL) — The Nigerian Exchange (NGX) has introduced a new framework that will significantly change how share prices move on the local bourse, setting minimum trading volume thresholds that must be met before stock prices can record...

NGX Extends Decline as Bearish Sentiment Deepens

June 17, (THEWILL) — Nigeria’s equities market closed lower on Wednesday as sustained sell pressure across major counters extended the market’s losing streak, dragging both the benchmark index and market capitalisation further into negative territory. The market capitalisation declined by...

NGX Extends Losses as Sell Pressure Drags Market Lower

June 16, (THEWILL) — Nigeria’s equities market closed lower on Tuesday as sustained sell pressure across key counters weighed on investor sentiment, dragging both the benchmark index and market capitalisation into negative territory. The market capitalisation declined by N782 billion...

NGX Ends Lower as Selloffs Dominate Trading Session

June 15, (THEWILL) — Nigeria’s equities market ended Monday’s trading session on a bearish and pressured note, as widespread selloffs across key counters dragged both market indicators lower amid weak investor appetite. The market capitalisation opened at N156.969 trillion and...
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