Tag: ASI

Lagos, Jan. 22, 2024 (NAN) Transactions on the Nigerian Exchange Ltd. (NGX) on Monday continued on a positive territory, following sustained buy interest in...

Nigeria's domestic equities market has set a new record with an overall capitalization of N40 trillion, according to the Nigerian Exchange Limited All Share Index (ASI). The increase was driven by gains in medium and large capitalized stocks, including Airtel Africa, Presco, Stanbic IBTC Holding, Transcorp Hotels, and Northern Nigeria Flour Mills. Market sentiment was positive, with 37 stocks recording gains against 24 losers. The total volume traded surged by 34.8% to 554.64 million units, valued at N12.83 billion, conducted through 7,910 deals. The leading traded stocks included Guaranty Trust Holding Company, Access Holdings, Transcorp, Zenith Bank Plc, FCMB Group, and United Bank for Africa.

Activities on the nation’s bourse on Tuesday sustained a negative posture for the second consecutive day, following sell pressure on banking equities. Specifically, the All-Share...

Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors...