Mini CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today: Indian shares are likely to start Monday’s session on a positive note amid gains across most other Asian markets. At 8:21 am, Nifty futures trading on Singapore Exchange — an early indicator of the Nifty50 index […]
Apple shares hit a new record on Friday, with its stock up more than 1% and trading at over $160. This happened after Bloomberg made a report that the company is starting to fast track plans to launch its new, self-driving vehicle. The full report made by Bloomberg News mentioned that the tech giant is […]
By Dipo Olowookere It was a busy trading day on the floor of the Nigerian Exchange (NGX) Limited on Monday as the market closed 0.14 per cent higher, putting an end to the losses reported in the past three consecutive sessions. News of the acquisition of Honeywell Flour Mills by a rival company, Flour Mills […]
In our recent publication ‘ Equities for a Superior Return ‘ we created a hypothetical portfolio of 10 stocks, each with a high Return on Equity and backtested the performance to 1 January 2016. Our readers then asked: "What makes a good equity?" FX Last week, the exchange rate at the Investors and Exporters Window […]
NGX Insurance Darasimi Adebisi Transactions on the stock market of the Nigerian Exchange Limited (NGX) yesterday commenced on a positive note as large and medium capitalised stocks appreciated. The market positive performance was driven by price appreciation in Airtel Africa Pl, Total Nigeria Plc, Unilever Nigeria Plc, PZ Cussons Nigeria Plc, and Guinness Nigeria Plc. […]
Nigerian capital market analysts expected the stock market to close positive this week following growth in Gross Domestic Product(GDP) rate and declining inflation rate. Market Observers’ Optimism According to Cowry Assets Management Limited, in the new week, the local bourse index will close positively as investors respond to the newly released positive economic numbers such […]
There is a public service announcement that airs on American Televisions as a way to remind parents to check up on their children. That public service announcement, which comes on shortly before the commencement of the 10 PM news, goes thus: “It is 10 PM, do you know where your children are?” In a similar […]
Company Logo Shares of Exxon Mobil Corp. XOM, +2.63% inched 0.95% higher to $65.02 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.17% rising 0.37% to 4,697.53 and the Dow Jones Industrial Average DJIA, +0.55% rising 0.56% to 36,327.95. This was the […]
Energy firm Ardova PLC completed a full buyout of rival Enyo Retail and Supply Limited, the board of directors said in a letter posted by the Nigerian Exchange Limited on Wednesday, almost eight months behind initial target. The purchase marks the second major deal in the mergers and acquisitions market of the Nigerian oil and […]
Rainoil Limited, a major player in the downstream oil and gas industry, has completed the acquisition of majority shares in Eterna Plc, a publicly listed oil and gas company. The acquisition was executed through its investment arm, Preline Limited. Eterna Plc, a major player in the downstream sector of Nigeria’s oil industry, had, late 2020, […]
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