Search Results for "investor sentiment"
6 results found
NGX market cap hits N158.96trn as ASI gains 0.77%

…larger trades. Analysts said the market’s renewed strength was supported by improving investor sentiment following the confirmation of Nigeria’s return to the FTSE Russell Frontier Market universe, with investors positioning for increased foreign participation and improved market visibility. With the ASI now up 58.14 p…

Investment by nigerianewsfeed · 8 days ago · 0 comments · 9 views
NGX sheds N544bn as banking stocks drag market lower

…market capitalisation fell to N155.97 trillion, reflecting continued weakness in investor sentiment. Market breadth remained bearish at 0.61x, with 36 stocks recording losses against 22 gainers. The major gainers were Haldane McCall, Veritas Capital Assurance, Tantalizer, R. T. Briscoe and Regal Insurance, while Red St…

Business by nigerianewsfeed · 22 days ago · 0 comments · 14 views
How 24 firms control over 70% of Nigeria’s stock market

…of banking stocks following the sector’s recapitalisation exercise and improved investor sentiment towards the financial sector. Top capitalised consumer goods coys In the consumer goods segment, BUA Foods led with N13.69 trillion in market capitalisation. Presco followed with N2.40 trillion, while Nestle Nigeria recor…

Business by nigerianewsfeed · 23 days ago · 0 comments · 16 views
Spotify hits 777m users as paid subscribers surge to 300m

…third quarter, saying it anticipated around 11 million new net subscribers. That cooled investor sentiment, with Spotify shares down 2.6 percent in opening trading on the New York Stock Exchange. Spotify registered 300 million paying subscribers in the quarter, as opposed to people who listen free but with ads — seven…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 14 views
Dangote Cement revenue hits N2tn on strong local demand

…net assets 21.00 per cent to N3.170tn, positioning the firm to maintain positive investor sentiment on the exchange.

Business by nigerianewsfeed · 1 mon ago · 0 comments · 15 views
NGX rebounds with N1.52 trillion gain as First HoldCo, GTCO lead FUGAZ recovery

…concentrated group of heavyweight stocks rather than a genuine broad market recovery in investor sentiment. Trading activity improved meaningfully across all metrics - volume up 11.07%, value up 48.86%, and deals up 26.97% - suggesting that the session attracted genuine participation rather than representing a low-liqu…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 24 views
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