NGX Launches Equity-Based Commodity Index and Announces Index Updates The Nigerian Exchange Limited (NGX) has unveiled a new market index, the Equity-Based Commodity Index, designed to track the ...
2024 Market Laggards: Five Listed Firms Suffer Over 30% Share Price DeclineWhile the Nigerian Exchange Limited (NGX) celebrated a strong year of growth in 2024, with the All-Share Index (ASI) soaring ...
Carvana Stock Falls as Hindenburg Calls Turnaround a 'Mirage'Carvana stock dropped nearly 2% on Thursday after short-seller Hindenburg Research announced a short position in the company, claiming its ...
Equity Markets Slip on First Trading Day of 2025U.S. equity markets started the year on a sour note, with major indexes closing lower on Thursday. The S&P 500 and Nasdaq Composite both fell 0.2% t...
NGX Trading Summary for Thursday, January 2, 2025Today’s trading session on the Nigerian Exchange (NGX) recorded significant activity, with 829,754,438 shares traded across 11,752 deals, amounting t...
What to Watch in the Stock Market Today1️⃣ Analysts Predict More Stock Market Gains in 2025After a strong 2024, with the Nasdaq up 29%, the S&P 500 rising 23%, and the Dow Jones climbing 13%, ...
NGX All-Share Index Surges 283.45% Since 2020The Nigerian Exchange Limited (NGX) has achieved remarkable growth in the 2020s, recovering strongly from a challenging 2015–2019 period. Here’s a brea...
Investors Rush to Government Debt as Rising Rates Squeeze Corporates Nigerian Companies Face Funding Challenges in 2024Investors in Nigeria have increasingly turned to government debt instruments...
Summary of the S&P 500 Performance in 2024Big Tech led another impressive year for the U.S. large-cap benchmark index, marking two consecutive years of stellar performance. The S&P 500 finishe...
GE Vernova (NYSE: GEV)Major Announcement: GE Vernova approved a $6 billion share buyback, equivalent to nearly 7% of its market capitalization.Performance: Shares soared 152% in 2024 after its spin-of...