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Nigeria: Equities market maintains bullish trend as NGX lists Legend Internet shares
Nigeria: Equities market maintains bullish trend as NGX lists Legend Internet shares

Zawya

time25-04-2025

  • Business
  • Zawya

Nigeria: Equities market maintains bullish trend as NGX lists Legend Internet shares

The local stock market sustained its bullish trend as the All-Share Index (ASI) advanced by 0.75 per cent to close at 106,074.26 basis points, driven by buying interest in MTN Nigeria Communications and Lafarge Africa shares. Accordingly, the Month-to-Date and Year-to-Date returns settled at +0.4 per cent and +3.1 per cent, respectively. Market capitalisation mirrored this performance, rising by 0.77 per cent to ₦66.67 trillion—an increase of ₦508 billion in investor wealth—largely attributed to the listing of 2 billion units of Legend Internet on the Nigerian Exchange by market breadth, sentiment was positive, with 43 gainers compared to 14 losers. On the performance board, top gainers included Cadbury Nigeria, Eterna, Ikeja Hotels, Nestlé Nigeria, and Academy Press, each advancing by 10.0 per cent. Conversely, John Holt, Haldane McCall, Multiverse Mining and Exploration, Guinea Insurance, and Japaul Gold Ventures topped the losers' chart, with share prices falling by 10.0 per cent, 9.96 per cent, 9.83 per cent, 8.57 per cent, and 6.91 per cent, respectively. The session reflected broad-based investor optimism, with most sectors closing in positive territory. The Insurance, Consumer Goods, Oil & Gas, and Industrial Goods sectors recorded gains of 4.32 per cent, 2.25 per cent, 0.27 per cent, and 1.29 per cent, the Banking sector declined marginally by 0.20 per cent, while the Commodities sector ended the session flat. Despite the market's upward momentum, trading activity was relatively subdued. Total volume and value traded declined by 55.93 per cent and 43.28 per cent, respectively, while the number of deals rose by 8.16 per total, 328.26 million units valued at ₦10.37 billion were exchanged across 12,142 deals. Access Holdings led the chart as the most traded stock of the day in terms of both volume and value, with 48.5 million shares worth ₦1.16 billion traded.

Boursa Kuwait ends Thursday's session with collective gains
Boursa Kuwait ends Thursday's session with collective gains

Zawya

time18-04-2025

  • Business
  • Zawya

Boursa Kuwait ends Thursday's session with collective gains

Arab Finance: Boursa Kuwait's indices rose on Thursday, with the Premier Market Index ending the trading session higher by 53.63 points, or 0.64%, to close at 8,419.61 points. The Main Market Index also ended the session in the green zone after surging by 74.70 points, or 1.05%, to 7,220 points. Likewise, the All-Share Index rose by 55.64 points, or 0.71%, closing the session at 7,868.98 points. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

Boursa Kuwait closes Wednesday in green zone
Boursa Kuwait closes Wednesday in green zone

Zawya

time17-04-2025

  • Business
  • Zawya

Boursa Kuwait closes Wednesday in green zone

Arab Finance: Boursa Kuwait's indices showed a positive performance on Wednesday, with the Premier Market Index gaining 8.27 points, or 0.10%, to close at 8,365.98 points. The Main Market Index closed the session higher by 7.98 points, or 0.11%, at 7,145.30 points. The All-Share Index rose by 7.90 points, or 0.10%, concluding the session at 7,813.34 points. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

Boursa Kuwait closes Wednesday with varied note
Boursa Kuwait closes Wednesday with varied note

Zawya

time10-04-2025

  • Business
  • Zawya

Boursa Kuwait closes Wednesday with varied note

Arab Finance: Boursa Kuwait showed a mixed performance on Wednesday, with the Premier Market Index dropping by 58.22 points, or 0.70%, concluding the session at 8,244.23 points. Meanwhile, the Main Market Index gained 20.47 points, or 0.29%, ending the session at 7,044.58 points. The All-Share Index retreated by 40.87 points, or 0.53%, to 7,700.26 points. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

Boursa Kuwait ends with positive performance in Tuesday's session
Boursa Kuwait ends with positive performance in Tuesday's session

Zawya

time26-03-2025

  • Business
  • Zawya

Boursa Kuwait ends with positive performance in Tuesday's session

Arab Finance: Boursa Kuwait's indices ended Tuesday's session in the green zone. The Premier Market Index rose 63.07 points, or 0.73%, to close at 8,690.96 points. The Main Market Index ended the session higher by 62.62 points, or 0.87%, at 7,254.29 points. The All-Share Index edged up by 60.61 points, or 0.76%, finishing at 8,083.94 points. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

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