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Tag: stock market

Business
Access Corp, MTNN drive equity market to N607bn gain

Access Corp, MTNN drive equity market to N607bn gain

September 16, 2024September 16, 2024 AGS

AGS NEWS – The Nigerian equity market gained N607bn in market capitalisation last week, driven by strong buying interest in large-cap stocks like Access Corporation and MTN Nigeria. The All-Share Index rose by 1.06% to close at 97,456.62, while market … Continue reading Access Corp, MTNN drive equity market to N607bn gain

Business
Stock market rebounds, investors gain N97bn

Stock market rebounds, investors gain N97bn

August 8, 2024November 20, 2024 AGS

AGS NEWS – The Nigerian stock market experienced a positive turnaround on Wednesday, adding N97 billion to investors’ portfolios. The market capitalisation of listed equities rose from N55.033 trillion to N55.130 trillion, a 0.18 per cent increase. The All-Share Index … Continue reading Stock market rebounds, investors gain N97bn

Business
Stock market sheds N89bn in response to soaring 26.72% inflation

Stock market sheds N89bn in response to soaring 26.72% inflation

October 17, 2023November 20, 2024 AGS

The Nigerian Exchange Limited started the week on a negative note, with investors incurring losses amounting to N89 billion. This decline in the stock market coincided with the release of the latest inflation figures, which indicated a surge in inflation … Continue reading Stock market sheds N89bn in response to soaring 26.72% inflation

Business
Stock market loses N39 billion

Stock market loses N39 billion

September 25, 2023November 20, 2024 AGS

The local stock market ended the week with a 0.11% decline due to sluggish market momentum, causing investors to lose N39 billion. Both the market capitalization and the Nigerian Exchange Limited All Share Index closed lower at N36.847 trillion and … Continue reading Stock market loses N39 billion

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