Dangote cement Weekly trading on the Nigerian Stock Exchange (NSE) resumed on Monday on bearish note with the market capitalisation dropping below N11 trillion mark amid price loses by some blue chips. The market capitalisation dipped by N171 billion or 1.54 per cent to close at N10.955 trillion from the N11.124 trillion achieved on Friday. […]
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Market Capitalisation Drops to N10.953trn After 1.53% Loss
By Dipo Olowookere The 1.53 percent loss recorded by the nation’s bourse on Monday has reduced the market capitalisation to N10 trillion region. The total value of equities on the Nigerian Stock Exchange (NSE) had closed last Friday at N11.124 trillion, but the N170 billion decline posted yesterday during the trading session reduced it to […]
NSE index up 0.11%, as Dangote Cement, Custodian, Fidson, UBA top gainers
WorldStage Newsonline– The Nigerian equities market closed on a positive note Wednesday as the All-Share Index recorded a growth of 0.11 per cent to close at 29,193.42 compared with 29,158.57 posted on Tuesday. Also, the market capitalisation which opened at N10.952 trillion rose by N13 billion to close at N10.965 trillion. Dangote Cement dominated the […]
Lafarge Africa lists 7.43b rights’ shares
Lafarge Africa Plc yesterday formally completed its N89.2 billion rights issue with the listing of additional 7.43 billion ordinary shares of 50 kobo each that arose from the new issue at the Nigerian Stock Exchange (NSE). With the listing of the additional 7.43 billion ordinary shares, the total issued and fully paid up shares of […]
Nigeria in 1min: Economic, Business and Financial Headlines – 130319
PROSHARE ECONOMY Nigerian Elections and Foreign Investor Confidence for Growth – Mar 13, 2019 – CVL (Centre for Values in Leadership) invites you to the 10th edition of Senior Executives Networking Session (CVL SENS) – a platform for high level executive interaction and corporate networking. Source The Centre for Values in Leadership (CVL) Read More […]
Equities continue decline with N121b loss
Nigerian equities continued on the decline yesterday, losing N121 billion in the fifth consecutive negative session. With more than three losers for every gainer, the overall market situation indicated continuing selloffs across the sectors. Benchmark indices at the Nigerian Stock Exchange (NSE) showed a decline of 1.02 per cent, equivalent to net capital depreciation of […]
Julius Berger Notifies of The Company’s Board Meeting And Closed Period
The Board Audit Committee of Julius Berger Nigeria Plc will meet on Thursday, April 25, 2019, to consider the results for the First Quarter ended March 31, 2019. In the light of the above, April 12, 2019, to April 26, 2019, has been declared a closed period (“the Closed Period”). In this period, all who […]
ABC Transport, Mcnichols, Dangote Flour emerge best performing stocks in Q1
Best-performing-stocks-march-2019 For the Nigerian Stock Exchange (NSE), the stars of the first quarter of 2019 are ABC Transport, Mcnichols and Dangote Flour, which outperformed other listed stocks as at March 31. Data obtained by the News Agency of Nigeria (NAN) indicates that ABC Transport led eight other companies to emerge the best performing stocks in […]
ABC Transport, 2 others emerge best performing stocks in Q1
Nigerian Stock Exchange (NSE) For the Nigerian Stock Exchange (NSE), the stars of the first quarter of 2019 are ABC Transport, Mcnichols and Dangote Flour, which outperformed other listed stocks as at March 31. Data obtained by the News Agency of Nigeria (NAN) indicates that ABC Transport led eight other companies to emerge the best […]
C & I leasing gains 349% as Nigerian stocks end first quarter of 2019 in deep red
Floor of the Nigerian Stock Exchange Nigerian stocks closed the first quarter of the year posting a combined year to date negative return of 1.24%. Apart from the Premium and Industrial Goods indexes, most other indexes posted negative returns. The first quarter of the year witnessed a slew of cautious investing as investors weighed the […]