On a monthly basis, Nigerian Exchange Limited (“NGX”) polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4 flows. As at 31 March 2021, total transactions at the nation’s bourse increased by 5.99% from N215.58billion (about $525.21million) in February 2021 to N228.49billion (about $560.55million) in March […]
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Nigerian Stocks Trade Flat at 39,305.48 Points on Losses in Tier-1 Banks
April 27, 2021/Cordros Report EQUITIES The Nigerian equities market traded with mixed sentiments, as buying interests in OKOMUOIL (+5.6%) and WEMABANK (+8.8%) offset losses in some Tier 1 banks GUARANTY (-0.5%) and ACCESS (-1.3%). Accordingly, the All-Share Index traded flat at 39,305.48 points, with Month-to-Date and Year-to-Date returns flat at […]
NGX Sheds -0.04% Dragged by Banking Counters
April 27, 2021 By Evan CHARLES InvestAdvocate Lagos (INVESTADVOCATE)-The equities market on Tuesday closed negative as benchmark index of the Nigerian Exchange Group (NGX) shed 0.04 percent to close at 39,305.74 basis points dragged by the Banking sector. InvestmentOne report that conversely, market breadth index was positive with 23 gainers […]
