NewStats: 3,264,227 , 8,183,041 topics. Date: Tuesday, 10 June 2025 at 09:09 AM 1ur4cn4mk |
Nigerian Stock Exchange Market Pick Alerts (13158588 Views)
Meerahbel: 2:36pm On May 30 |
NGX Market Capitalization Comparison Date Market Cap (NGN) Exchange Rate (₦/$) Market Cap (USD) May 2023 ₦28 trillion 750/$ (approx.) $37.3 billion May 2025 ₦70 trillion 1500/$ $43.75 billion 🧮 Analysis in Real Dollar While nominal market cap in naira more than doubled (28T → 70T), In real dollar , the increase is more modest: $37.3B → $43.75B = ~17.3% increase over 2 years This shows that: The market is indeed growing, but not as explosively when adjusted for naira depreciation. Currency devaluation significantly dampens the effect of local nominal gains when viewed in global . ✅ Takeaway The NGX is growing, but the naira’s depreciation masks some of the real gains. Investors — especially foreign ones — will likely focus on the USD growth, not just the local figures. GeneralDae: 1 Like |
Streetinvestor2: 2:43pm On May 30 |
Agbalowomeri:Are u saying oando and APC government are in the same failed promises. Sorry I forgot thr is blood connection btw the ceo and the president. And blood can never lie . What can we do than to hope they do different at some point. Then again it is hard to learn new dance at old age...lol 1 Like |
pluto09(m): 2:51pm On May 30 |
GeneralDae: I actually think the taxes to be raised should be the ones that will benefit the federal government than the states and LG. As at today the sharing formula for VAT doesn't favor the fg. Most states are actually doing better now in of fiscal management than the fg as a result of increase revenue from VAT and they have better revenue to debt ratio than the government at the center. The current revenue to debt ratio for the fg is not sustainable and something needs to be done about it ASAP. 1 Like |
GeneralDae: 2:54pm On May 30 |
Utalinmou: 3:24pm On May 30 |
Please is there any news on cutix plc
|
SonofElElyonRet: 3:26pm On May 30 |
KarlTom:Copied from nairametrics post on Facebook |
Streetinvestor2: 3:37pm On May 30 |
Pls make una help with the latest ellahlakes results. I don check for ngx I no see oh
|
chimex38: 3:53pm On May 30 |
Streetinvestor2: dapix: |
KarlTom: 3:54pm On May 30 |
ARADEL. ± CONOIL. -9.99% ETERNA. ± OandO. -5.83% |
KarlTom: 3:57pm On May 30 |
Yes I saw the article. I was just curious with the volume traded within the opening half-hour... ![]() SonofElElyonRet: |
Mpeace(m): 4:00pm On May 30 |
KarlTom:The article was not for today's purchase. That one go come soon |
KarlTom: 4:03pm On May 30 |
Anytime before 11:59pm is today... ![]() Streetinvestor2: |
Picky1: 4:08pm On May 30 |
chimex38: Please do you have the result for Sterling Bank? Will be nice if you can post it here. Secondly is Adenuga of GLO the majority shareholder? ![]() |
Streetinvestor2: 4:09pm On May 30 |
chimex38:Thanks All those personal being paid suppose dey catch rat for that farm dey sell to raise better revenue.What are they really paying them to do..lol.This na q3 results. The journey still dey far oh as they are digging still down the hole Thr salaries go soon become on I owe you note then stealing of farm animals and produce go start for survival. Then protest and beating of management |
Picky1: 4:13pm On May 30 |
Streetinvestor2: You eh.....persin no fit laff. We hear you sha! ![]() |
Streetinvestor2: 4:20pm On May 30 |
Picky1:In loco voice. This one never grow nipples talkless of breast Oando abeg oh no bring this can result..lol 1 Like |
Zagee: 4:21pm On May 30 |
Wow. The honey in the well at circa 20. ![]() |
fashionnisir(f): 4:26pm On May 30 |
Utalinmou: Cutix is still on strong buy and a very good stock to hold for a long time 1 to 5 year and also a dividend paying stock, if you can increase your holding in tone of million shares, i will advice you to go and sleep. There are into manfacturing of cables , amoured wires , automoble wiring and will be fiting for exportation to other neighbouring countries . 5 Likes 1 Share |
yMcy56: 5:22pm On May 30 |
Utalinmou:https://doclib.ngxgroup.com/Financial_NewsDocs/44192_CUTIX_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MAY_2025.pdf By the way, how many people don refresh NGX website for more than 20x today checking for O&O results? Make Una raise up your hand ✋☝️ Chai!! OANDO abeg no fall our hand ooo The laugh go too plenty from your "enemies" 🥺 The panic sellers were seeing in market today, probably because there's still no info yet.......but na for evening or night those evil workers go am 1 Like |
Streetinvestor2: 5:24pm On May 30 |
yMcy56:I was wondering say u never show face today as per 30th. Some are waiting to get back thr own pound of flesh from people like me.The god of oando will disappointment them...lol Na god with small letter I talk oh |
yMcy56: 5:26pm On May 30 |
Streetinvestor2:Na to say make OANDO no pursue me for here oo Na so so refreshing I dey do for NGX website 😁 .....but we are hopeful say na fantastic results dem go release.... All those panic sellers go still come enter at high price. 🙊 Q1 2025 should perform the magic hopefully 1 Like |
yMcy56: 5:29pm On May 30 |
Streetinvestor2:Ameeeen 😁 Wale shebi |
Megapower: 5:33pm On May 30 |
It is allowed on weekends Go back to stock analysis on Monday megawealth01: |
yMcy56: 5:33pm On May 30 |
Agbalowomeri:Na where you dey hide to strike be that? Lol That your 120 junction fit no work sha. ![]() |
Agbalowomeri: 5:47pm On May 30 |
yMcy56: They have already seen it ![]() |
chimex38: 5:56pm On May 30 |
Picky1:AFS for Full year 2024 isnt out. Expect it on or before 28th June as per their last disclosure. Adenuga is not a majority shareholder. The majority shareholder is Silverlake investments Ltd-25% Adenuga is a shareholder of about 5.6% as @Q3(Nov 2024). 1 Like |
GeeKudi: 5:57pm On May 30 |
I doubt this. The frenetic selling started only just about 5 minutes to the end of trading. i think it's just panic but we will see. Agbalowomeri: |
Streetinvestor2: 6:02pm On May 30 |
Agbalowomeri:Nobody see nothing. Wale hold that one to his chest. Na people like forest you see dey sell today. This cycle fit no work this time around based on stomach waves. Watin be the name of that your own TA tool make I baptise the name too |
yMcy56: 6:02pm On May 30 |
Agbalowomeri:Lol. Maybe they interpreted it upside down..... Besides, the volumes that panic sold was not much, a paltry 4.8M units all thru...,.for both buy and sell self! So total sold was just 2.4M Where person for fear be say, if those hefty people came dumping.......but heavy shareholders didn't sell... In fact throughout the market session today, bids were more than offers with retailers sighted selling. Wale made sure no insider saw the result prior to release from the look of things, just like Street said. 1 Like |
chimex38: 6:03pm On May 30 |
Streetinvestor2:Be optimistic ![]() 1 Like |
Ovamboland(m): 6:05pm On May 30 |
fashionnisir: What are the VATable products and services that an unemployed person must purchase as a basic necessity fo survival |
Valthegreat(m): 6:12pm On May 30 |
Streetinvestor2: When you have any business deal to do with anything bearing Tinubu as name na so you go turn prayer warrior. Just look at how Elumelu operates in openness and compare. TOE knows he is bullish on UBA and he informed small holders before taking more positions, that is inclusiveness devoid of wickedness but see the kind of family ruling you people and how they behave, everything about them is opaque and what baffles me most is that they have ers all over who cheer them on including in the community of investors who should know more. 1 Like |