Stock Exchange – Page 2 – City Business News

January 13, 2023 No Responses

Bermuda Stock Exchange To Host WFE Annual Meeting In 2023

The World Federation of Exchanges (WFE) has announced Bermuda Stock Exchange (BSX) as host of the industry’s General Assembly & Annual Meeting in 2023. A statement sent to City Business News explained that the meeting, now in its 62nd year, gathers the leaders...

January 11, 2023 No Responses

Naira Gains by 0.04% At Investors, Exporters Window

The naira on Tuesday exchanged at 461.50 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.04 per cent compared with the 461.67 it exchanged on Monday. The open indicative rate closed at N460.25...

January 5, 2023 No Responses

Stock Market Extends Gain By 0.12%

The Nigerian Exchange (NGX) on Wednesday gained N34 billion as market capitalisation closed at N28.136 trillion from N28.102 trillion recorded on Tuesday. Also, the All-Share Index (ASI) increased marginally by 61.9 basis points or 0.12 percent to close ...

November 10, 2022 No Responses

Investors Gain N9b On NGX

The Nigerian Exchange (NGX) on Wednesday recorded N9 billion gain due to price appreciation in Dangote Cement and some tier-one banking stocks. The primary drivers of the market were Dangote Cement, Guaranty Trust Holding Company (GTCO), Zenith Bank and Unit...

October 18, 2022 No Responses

World’s Five Largest Stock Exchanges List 450 New Firms In Nine Months

The global economy is staring at a possible recession as inflation continues to wreak havoc across the stock market. Despite the conditions, the leading global stock exchanges by the number of listed companies are attracting new firms as investo...

September 27, 2022 No Responses

Stock Market Rebounds By N87b

The Nigerian Exchange (NGX) was upbeat on Monday as market capitalisation increased by N87 billion or 0.33 per cent to close at N26.532 trillion from N26.445 trillion recorded on Friday. Also, the All-Share Index (ASI) increased by 162.70 basis points,.....

September 23, 2022 No Responses

Stock Market Drops Further by N124b

The stock market closed on Thursday on a negative note as market capitalisation decreased by N124 billion or 0.47 per cent to close at N26.533 trillion from N26.657 trillion on Wednesday. The All-Share Index (ASI) also dropped by 231.57 points...

September 22, 2022 No Responses

Stock Market Loses N13b In Bearish Trading

Trading on the nation’s bourse again ended negative on Wednesday as market capitalisation lost N13 billion or 0.05 per cent to close at N26.657 trillion against N26.670 trillion on Tuesday. Also, the All-Share Index lost 23.40 points or 0.05 per...

August 15, 2022 No Responses

SEC: Capital Market Master Plan Promotes Transparency, Market Confidence

The Capital Market Master Plan (CMMP) initiatives have helped in promoting transparency, protecting investors and enhancing market confidence, the Securities and Exchange Commission (SEC), reiterated at the weekend. SEC in a statement issued on Sun...

August 13, 2022 No Responses

WFE: $18 Trillion Wiped Off Global Markets In First Half of 2022

New data published by the World Federation of Exchanges (WFE), the global industry group for exchanges and central clearing counterparties, lays bare the full economic impact of the Ukraine war upon a global economy still trying to recover from the...

June 27, 2022 No Responses

SEC Receives CIS Delegation, Harps On Cooperation To Bridge Infrastructure Gap

By Moses Ebosele, ebosele@hotmail.com — The Director-General, Securities and Exchange Commission (SEC), Mr. Lamido Yuguda has challenged relevant stakeholders to cooperate with the Securities and Exchange Commission (SEC) in its desire to help bridg...