Tag: Stock Market

Investors lose N297bn as NGX continues week in bearish territory

The Nigerian Exchange Limited (NGX) sustained its bearish momentum this week, with investors losing N297 billion as market capitalization dropped to N68.042 trillion. Despite pockets of gains, the market faced significant pressure from profit-taking in major stocks, reflecting cautious investor sentiment amid economic uncertainties.

NGX Rebounds On Increased Buying Sentiments, Impressive Corporate Earnings Amid Sector Rotation

The Nigerian Exchange (NGX) has staged a robust recovery fueled by heightened buying sentiments and strong corporate earnings, set against a backdrop of strategic sector rotation. This article delves into the factors driving the NGX rebound, analyzing market dynamics, sector performances, and investor behavior that signal renewed confidence in Nigeria’s equity market.