#stocks

NGX TRADING SUMMARY FOR TUESDAY: 1. Market Performance: The Nigerian equities market had a positive trading day as the NGX All-Share Index (NGXASI) increased by 0.23%, bringing the Year-to-Date (YTD) returns to 28.55%. The All-Share Index closed at 97,685.64, compared to the previous close of...

NGX TRADING SUMMARY FOR WEDNESDAY, SEPTEMBER 4, 2024 - Trading Volume: 389.2 million shares across 12,039 deals. - Market Value: NGN 8.18 billion. - Market Performance: - 18% decline in volume compared to the previous day. - 21% decline in turnover. - 4% decline in deals. - Market...

IKEJA HOTEL: STOCK ANALYSIS OVERVIEW Ikeja Hotel PLC is a prominent player in the Nigerian hospitality industry. The company owns and operates several well-known hotels, including: - Sheraton Lagos Hotel - Sheraton Abuja Hotel - Federal Palace Hotels & Casino These hotels cater to both...

NGX TRADING SUMMARY FOR THURSDAY, AUGUST 22, 2024 Market Activity Overview: - Volume: A total of 393,620,711 shares were traded on the Nigerian Stock Exchange (NGX). - Deals: There were 8,243 deals executed during the session. - Market Value: The total value of transactions was NGN...

NGX TRADING SUMMARY FOR WEDNESDAY, AUGUST 14, 2024 - Total Shares Traded: 315,302,176 shares - Total Deals: 8,365 - Market Value: NGN 5,480,029,481.09 - Market Capitalization: NGN 55.2 trillion Comparative Data: - Volume: 47% decline from Tuesday, August 13 - Turnover: 61% decline from...

NGX TRADING SUMMARY FOR FRIDAY, JULY 26, 2024 Market Overview: - Total Shares Traded: 1,103,330,581 shares - Total Deals: 9,098 - Market Value: NGN 21,596,855,742.02 Performance Comparison: - Volume Improvement: 201% increase from the previous trading day (Thursday, July 25, 2024) - Turnover...

NGX TRADING SUMMARY FOR MONDAY, JULY 22, 2024 Market Overview: On Monday, July 22, 2024, the Nigerian Stock Exchange (NGX) saw the trading of 335,704,787 shares across 8,760 deals, amounting to a market value of NGN 3,717,218,092.45. This represents a significant decline compared to the...

RECAPITALIZATION OF NIGERIAN BANKS AND ITS IMPACT ON THE CAPITAL MARKET- ASHON CHAIRMAN: 1. Recapitalization Requirements: - The Central Bank of Nigeria (CBN) announced new capital base requirements for banks, ranging from N200 billion to N500 billion, based on the bank’s authorization...

NGX TRADING SUMMARY FOR FRIDAY, JUNE 7, 2024: MARKET SHOWS SIGNIFICANT GAINS On Friday, June 7, 2024, the Nigerian Stock Exchange (NGX) saw an active trading day with a total of 388,015,673 shares exchanged in 7,106 deals, amounting to a market value of NGN 7,353,437,736.28. This marked a...

NGX TRADING SUMMARY FOR MONDAY, JUNE 3, 2024 At the close of trading on the Nigerian Stock Exchange (NGX) on Monday, June 3, a total of 349,590,093 shares were traded in 8,082 deals, valued at NGN 5,237,412,920.18. This marks a 19% decline in volume, a 39% decline in turnover, and a 5% decline...

INVESTMENT STRATEGIES 104: POTENTIAL RED FLAGS TO WATCH OUT FOR WHEN CHOOSING GROWTH STOCKS Hi Investors, as a continuation of our series on investment strategies, today we move on to the RED FLAGS that investors should watch out for when considering growth investing. These warning signs can...