Investors Bite

Sell Pressures on MTNN Trigger 0.2% Decline in Nigerian Equities Market

July 4, 2024/Cordros Report EQUITIES Unlike in the past two trading sessions, performance in the domestic equities market was negative as sell pressures on MTNN (-6.5%) triggered a 0.2% decline in the benchmark index. Thus, the NGX ASI closed at 100,063.32 points, with the Month-to-Date and Year-to-Date returns settling at […]

NGX Group Announces Jude Chiemeka as CEO of Nigerian Exchange Limited

July 4, 2024/NGX Nigerian Exchange Group Plc (NGX Group) is pleased to announce the appointment of Mr. Jude Chiemeka as the Chief Executive Officer of Nigerian Exchange Limited (NGX or The Exchange), its operating exchange subsidiary, effective July 1, 2024, following the Securities and Exchange Commission (SEC) approval. Since January […]

Bears Take Charge as NGXASI Down by 24 bps, Investors Loss N133.59Bn

—NGXASI stands at +33.82% (YTD); Naira depreciated by 0.50% to close at N1,520.24 July 4, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: Trading activities in the Nigerian Equities market closed negative at the end of the trading session today, overturning the market’s bullish stand in the […]