Markets Archives - Businessday NG https://businessday.ng/category/markets/ Tue, 25 Apr 2023 17:44:20 +0000 en-US hourly 1 188198514 NGX, ETI mull partnership on sustainability, market development https://businessday.ng/markets/article/ngx-eti-mull-partnership-on-sustainability-market-development/ https://businessday.ng/markets/article/ngx-eti-mull-partnership-on-sustainability-market-development/#respond Tue, 25 Apr 2023 17:44:20 +0000 https://businessday.ng/?p=724645 Temi Popoola

Nigerian Exchange Limited (NGX) and Ecobank Transnational Incorporated (ETI) have expressed mutual interest in partnering on sustainability initiatives and overall market development. This was stated at the Closing Gong Ceremony introducing the new Group Chief Executive Officer (GCEO) of ETI to the capital market held at the Exchange on Tuesday April 25, 2023. Temi Popoola, […]

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]]> https://businessday.ng/markets/article/ngx-eti-mull-partnership-on-sustainability-market-development/feed/ 0 724645 Stock market opens new week on a positive note https://businessday.ng/markets/article/stock-market-opens-new-week-on-a-positive-note/ https://businessday.ng/markets/article/stock-market-opens-new-week-on-a-positive-note/#respond Tue, 25 Apr 2023 15:44:49 +0000 https://businessday.ng/?p=724637 NGX

Nigeria’s equities market opened this holiday-shortened trading week on a positive note, rising by N136billion at the close of trading session on Tuesday, the first trading day of the week. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation increased from preceding trading day lows of 51,355.74 points and N27.963 trillion respectively to […]

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]]> https://businessday.ng/markets/article/stock-market-opens-new-week-on-a-positive-note/feed/ 0 724637 Here are analysts views on equities market this week https://businessday.ng/markets/article/here-are-analysts-views-on-equities-market-this-week/ https://businessday.ng/markets/article/here-are-analysts-views-on-equities-market-this-week/#respond Tue, 25 Apr 2023 15:34:11 +0000 https://businessday.ng/?p=724631 Nigeria’s equities market

Though Nigeria’s equities market took a positive path at the beginning of this week’s trading, “be cautious” is still the advice from market analysts to investors in that space. In the review trading week to April 20, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation depreciated by 1.08percent to close at 51,355.74 […]

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]]> https://businessday.ng/markets/article/here-are-analysts-views-on-equities-market-this-week/feed/ 0 724631 Domestic investors account for 89.87% of Nigeria’s Q1 equities transactions https://businessday.ng/markets/article/domestic-investors-account-for-89-87-of-nigerias-q1-equities-transactions/ https://businessday.ng/markets/article/domestic-investors-account-for-89-87-of-nigerias-q1-equities-transactions/#respond Tue, 25 Apr 2023 08:52:10 +0000 https://businessday.ng/?p=724492 Domestic investors

Domestic investors in Nigeria’s equities market accounted for 89.87percent of total transactions in first-quarter (Q1) to March 31, 2023. According to the recently released data on domestic and foreign portfolio participation in Nigeria’s equity trading, out of the N530.23billion worth of equities traded in Q1’2023, foreign investors accounted for N53.71billion or 10.13percent, while domestic investors […]

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]]> https://businessday.ng/markets/article/domestic-investors-account-for-89-87-of-nigerias-q1-equities-transactions/feed/ 0 724492 Access Corporation, Transcorp Hotels, Fidelity Bank, others push market to new high https://businessday.ng/markets/article/access-corporation-transcorp-hotels-fidelity-bank-others-push-market-to-new-high/ https://businessday.ng/markets/article/access-corporation-transcorp-hotels-fidelity-bank-others-push-market-to-new-high/#respond Thu, 20 Apr 2023 16:12:18 +0000 https://businessday.ng/?p=723673 Nigeria's equities market

Nigeria’s equities market closed further in the green zone on Thursday by 0.35 percent or N93billion, thanks to investors who bought shares of Transcorp Hotels Plc, Access Corporation Plc, Fidelity Bank Plc, Transnational Corporation Plc and FCMB Group Plc. At the close of trading session on Thursday, the Nigerian Exchange Limited (NGX) All Share Index […]

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