CAPITAL MARKETHow CBN’s tight monetary policies hit stock market The stock market plays an important role in mobilising domestic resources for productive investments. The stock market is regarded as an integral component of most economies since it signals the reallocation of assets among different economic units within an economy. The performance of the market is…
DetailsNGX investors lose N107bn in 3 days Following depreciation in the value of some stocks trading on the floor of the Nigerian Exchange (Limited), investors have now lost N107 billion in three consecutive trading sessions. Having gained 0.2 per cent and N57 billion on Monday, sell-offs returned to the market on Tuesday and Wednesday. Further…
DetailsCAPITAL MARKET Stock Market depreciates by N90.14bn After Two-day Sallah Break Opening the holiday shortened week over Sallah celebration, the stock market of the Nigerian Exchange Limited yesterday (NGX) commenced active trading this week with investors profit-taking in 25 stocks against 11 gainers that eventually down the market by N90.14billion. One of the indicators…
DetailsCAPITAL MARKET Airtel Africa, 14 Other Blue Chip Stocks Contributes 88.8% to NGX Market Cap Airtel Africa Plc and 14 others listed stocks on the Nigerian Exchange Limited (NGX) as of July 8, 2022 contributed about 88.8 per cent or N24.7 trillion out of the overall NGX N27.80 trillion market capitalisation, THISDAY findings have revealed.…
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