After days of an uptrend, bearish sentiments resurfaced in the equities sector of the Nigerian Exchange Limited (NGX) yesterday, as losses in Geregu and 26 stocks dragged market capitalisation by N7 billion.

The renewed buying interests in blue chips occasioned by anticipations of positive plans from the new government continued at the end of transactions yesterday on the equities sector of the Nigerian Exchange Limited (NGX) as market capitalisation gained N17 billion.

The Nigerian Exchange Limited (NGX) has revealed that the total allotments for FGN Savings Bonds have risen to N5.06 billion in the first five months of 2023.

Nigerian Exchange Limited (NGX) has disclosed plans to partner the incoming administration to develop the right policies that will promote and attract listings in the capital market.

Transactions on the equities sector of the Nigerian Exchange Limited (NGX) reopened in an upbeat yesterday, as bargain-hunting in the shares of Julius Berger Plc and 23 stocks pushed market capitalisation by N9 billion.

The Nigerian Exchange Limited (NGX) halted four-day gains, to close on a downturn yesterday, as selloffs in BUA Cement and 19 stocks drag market capitalisation by N216 billion.

The Nigerian Exchange Limited (NGX) reversed losses yesterday, as bargain hunting in the shares of Ardova Plc and 32 stocks lifted the market capitalisation by N45 billion.

Following renewed bargain hunting in MTN Nigerian and 32 stocks, the Nigerian Exchange Limited (NGX) reopened in an upbeat yesterday, as investors' wealth rose by N137 billion.

Weak economic performance, low confidence and poor patronage have continued to threaten the operations and survival of insurance companies, leading to depreciation and sometimes stagnation of their share prices on the Nigerian Exchange Limited (NGX), which are currently below book value.

Following heavy price losses suffered by many blue-chips, especially MTN Nigeria (MTNN) and 17 stocks, transactions on the equities sector of the Nigerian Exchange Limited (NGX) continued on a downturn yesterday, as market capitalisation declined by N418 billion.

Low liquidity in the equities space occassioned by high yields in the fixed income (FI) market, rising inflation and high-interest rate have continued to depress appetite for stocks as investors lose N601.3 billion in one week.

Insecurity in the country and other macroeconomic challenges have continued to depress foreign investors’ appetite for stocks as the latest report by the Nigerian Exchange Limited (NGX) shows that the total value of transactions executed by domestic investors outperformed those of foreigners by 80 per cent.