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Dangote Records N332 billion Trade Value In One Day
Dangote Cement closed its trading session at N240.00 per share and N4.089 trillion in market capitalization in one day. According to reports, on Wednesday, November 3, 2022, the largest cement manufacturers in Sub-Saharan Africa recorded N332 billion in trading values at N240.00 per share and N4.089 trillion in market capitalization. Dangote also stock grew by…
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In 6 Months Foreign Investors Withdraw N116.72bn
The Nigerian Exchange Limited has said that foreign investors in the equities market withdrew a total of $116.72billion from January to June 2021. According to the NGX Domestic & Foreign Portfolio Investment Report for June 2021, foreign investors invested a total of N105.24billion in the market. This represents a year-on-year drop by 57.44 percent from…
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Exchange-traded Fund Market Cap Hits N20.32bn
In the first quarter of 2021, the market capitalisation of exchange-traded funds listed on Nigerian Exchange Limited has risen to N20.32billion. According to the NGX quarterly report, it said the trade volumes rose by 3,064 percent from nearly 0.2 million units in Q1 2020 to 5.3 million units recorded in Q1 2021. The Nigerian Exchange…
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Foreign Stock Investors Withdraw N99.94bn
Foreign investors from the Nigerian stock market pulled out a total of N99.94bn in the first four months of 2021. According to data from the Nigerian Exchange Limited, the foreign portfolio investors injected N78.31bn into the market from January to April. Foreign portfolio investment outflow includes sales transactions or liquidation of portfolio investments through the…
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Stock Market: Investors Withdraw N339.06bn In 3 Months
Foreign and domestic investors pulled out a total of N339.06bn from the Nigerian stock market in the first three months of the year 2021. According to data from the Nigerian Exchange Limited, the foreign portfolio investors sold Nigerian stocks worth N90.12bn in the first quarter while domestic investors withdrew N248.94bn from the market. The foreign…