November 16, 2023/InvestmentOne Report Please click to download the Market Report for Thursday 16th November, 2023 EQUITY: The local bourse inched higher by 0.02% as the NGX-ASI settled at 71,025.16pts. In today’s trade, market breadth index was negative with 33 losers against 24 gainers. Today’s performance was positive as the gains printed […]
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Nigerian Breweries, MTNN Spur Nigerian Stocks to Close Marginally Higher +0.02%
November 16, 2023/Cordros Report EQUITIES The Nigerian equities market closed marginally higher as bargain hunting in NB (+5.3%) and MTNN (+0.2%) spurred a 2bps increase in the NGX ASI to 71,025.16 points. Thus, the Month-to-Date and Year-to-Date returns printed +2.6% and +38.6%, respectively. The total volume traded advanced by 62.7% […]
New Listings on NGX Contribute Over 10% to Market Cap in 2 Years – Popoola
November 15, 2023/NGX Nigerian Exchange Limited (NGX) has experienced a remarkable surge in market capitalization, with new listings contributing over 10% in the past two years, according to data released by the Exchange. This underscores NGX’s growing prominence as a preferred destination for corporate listings and capital raising. Speaking at […]
