Category: Stock
U.S. Stock Futures Retreat, Boeing Faces New Woes, Nvidia Hits Record High
U.S. stock futures are poised for a potential pullback after Monday’s rally, influenced by gains in chip designer Nvidia. However,…
Citi Downgrades Netflix, Cites “Lofty Expectations”
Citi strategists downgrade Netflix (NFLX) from Buy to Neutral, leading to a 2% pre-market decline. The rationale behind the downgrade…
Mixed Start for European Stock Markets as Investors Await Key Inflation Data
European stock markets began the week with mixed trading, reflecting subdued risk appetite among investors. The focus remains on key…
Nigerian Domestic Stock Transactions Surge to N1968.4bn YTD, Foreign Investors Remain Cautious Amid Forex Challenges”
Domestic transactions on the Nigerian Exchange Limited have soared to N1968.4 billion year-to-date, surpassing the entire value of transactions by…
Stock Market Buzz: FBN Holdings, Japaul, UBA, and More Drive Active Trading Frenzy
In a dynamic trading session, the Nigerian stock market witnessed high activity, with FBN Holdings, Japaul Gold, UBA, Access Corporation,…
Foreign Investment in Nigerian Stocks Hits Lowest Level Since Reform-Driven Rally; Currency Concerns Loom Large
Foreign investment in Nigerian stocks has dropped to its lowest point since President Bola Tinubu’s reforms initiated a significant market…
Nairobi Stock Exchange Sees 50% Plunge in Investor Wealth in 2 Years”
Investor wealth in the Nairobi Securities Exchange (NSE) has been cut in half since reaching its record high valuation of…
A loss at Airtel Africa Sent the Stock Market Down N569 billion.
Profit-taking by investors in Airtel Africa Plc continued to rule the Nigerian stock market at the start of the week…
Stock Market Value is Down by N622 billion.
Due to stock declines in several banking and telecom firms, investors lost N622 billion at the conclusion of trade. Moreover,…
NGX Plans to Introduce Non-depository Receipts to Expand its Market.
The NDR would open up financial products traded on an offshore market to the investing public and provide investors access…
Stock Market Investors Records a N7 billion Loss in One Day.
The market capitalization of the Nigerian Exchange Limited had days of increasing movement, but investors lost N7 billion at the…
Due to Shaky Investor Sentiment, the Stock Market fell by N16 bn.
The Nigerian Exchange Limited (NGX) stock market began the new trading week yesterday by extending its losing streak for the…
Stock Experts Believe That Central Banks Should Be Replaced.
Investors in the stock market are abandoning the notion that the Federal Reserve and other significant central banks have their…
Nestle, Seplat, Lafarge To Pay Dividends
The final audited reports from more firms listed on the Nigerian Exchange Limited have been made public. Nestle declared a…
Lagos Issues A N137 Billion Bond On NGX
A N137,328,000,000 class IV bond issued by the Lagos State government has been placed on the Nigerian Stock Exchange. This…
Investors in stocks suffer a loss of N281 billion in a single week.
At the close of last week’s trading on the floor of the Nigerian Exchange Limited, stock investors lost N281 billion.…
Stock Investors Lose N24 billion as Lending Rates Rise.
The Nigerian stock market reacted sharply to the interest rate hike, with market capitalisation rapidly falling in comparison to the…
In 2022 Stock Market Capitalization Increased by N5.6 trillion.
Between the opening of the market on January 4, 2022, and the conclusion of business on December 30, 2022, investors…
Stock Market Loses N38bn As 13 Equities Decline.
13 businesses had an increase in share prices, while 13 firms saw share prices fall. At the close of trading…
Blue-Chip Companies Suffered Losses.
The Nigerian Exchange Limited (NGX) continued to decline as a result of losses suffered by blue-chip companies. The All-share Index…
Stocks Plunge On Fed Rate Rise Predictions, And The Yen Falls To A New 24-year Low.
The Japanese yen was trading at 144.95 yen per US dollar, its lowest level since August 1998. If “rapid, one-sided”…
Stocks Slide, Dollar Spikes.
September got off to a bumpy start as persistent worries about rising global interest rates and recessions hounded stock and…
SWOOTs Capitalization Up By N254 Billion.
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 1.30% to close at N19.75 trillion from…
Nigerian Stocks: List Of Dividends Announced In 2022.
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders; as recommended by their respective…
Nigerian Stock Market Starts The Week Shedding N14 billion.
The Nigerian stock market started the first trading session of the week bearish, shedding approximately N14 billion in market capitalization.…
Analysis: Softer Inflation ‘Huge Relief’ For Battered Investors In U.S. Stocks And Bonds.
Softer than expected U.S. inflation data buoyed investors’ faith that twin rebounds in stocks and bonds will persist in a…
Dangote Cement Shareholders Lose N409 Billion On Sell Pressure.
Negative sentiment witnessed on shares of some blue-chip firms quoted on the Nigerian Exchange has resulted in shareholders of Dangote…
Stocks Slip As Caution Reigns Ahead Of U.S. Inflation Data.
Shares edged lower and the dollar hung off recent highs as investors eyed U.S. inflation data due a day later…
Stocks Steady As Markets Bet On Hefty Bank Of England Hike.
Strong earnings at Credit Agricole and Lufthansa lifted stocks as tension over Nancy Pelosi’s visit to Taiwan eased and markets…