Following gains recorded by many blue-chip companies, especially Airtel Africa and Oando, the equities market sustained a rising profile yesterday, as market capitalisation appreciated further by N450 billion. At the close of trading yesterday, the All-Share Index (ASI), which measures the performance of quoted companies, rose by 450.52 points or 1.0 per cent to 43,476.75 […]
NGX Group Kayode Tokede A total of 16 companies worth N109.11billion in market capitalization have failed to comply with post-listing requirements of the Nigerian Exchange Limited (NGX) of filing audited result and accounts at stipulated period, THISDAY investigation has revealed. THISDAY learnt that three out of the 16 companies have not remitted six years results […]
Another January, another rally. Eight of the past 12 years has seen a rally during January. In seven out of eight of those occasions, there was a point, later in the year, when it was possible to buy the market more cheaply. With very few exceptions, it does not pay to chase a January rally. […]
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as recommended by their respective boards of directors. It is also important to track these announcements to know who is eligible to collect the dividend, when it will be approved and when it will be paid. Dividend payment also affects […]
Nigerian stocks Nigerian stocks yielded 1.37 per cent in the just concluded week even though trade volume dropped by more than one-fifth. As investors, analysts and market-watchers look forward to release of full-year 2020 financials, the watchword for investors will be stocks with sound fundamentals , capable of delivering strong earnings. PREMIUM TIMES has assembled […]
Zenith Bank, GT Holdings, and FBN Holdings led the list of most valuable banks listed in the Nigerian Stock market, with a market value of N789.6 billion, N765.2 billion, and N409.2 billion respectively as of the end of 2021. The sector, NGX banking index recorded a 3.32% gain in 2021, failing to live up to […]
Nigerian Stock Exchange Market Nigerian stocks fell 0.12 per cent as investors took profit in newly admitted BUA Foods, which had garnered over 59 per cent until the end of last week when gains began to plateau. Major declines were also reported by Transcorp and NGX Group on a day that trade volume tumbled by […]
By Dipo Olowookere The bears maintained grip on the Nigerian Exchange (NGX) Limited on Monday, causing the market to further decline by 0.12 per cent at the close of transactions. Selloffs inspired by weak investor sentiment dominated the local bourse yesterday amid cautious trading as traders watch closely happenings in the political space, which is […]
Kayode Tokede The market capitalisation o f the Nigerian Exchange (NGX) yesterday rose by N28 billion amid sustained investors bargain hunting in 28 stocks. The NGX All-Share Index (ASI) increased by 42.71 basis points or 0.10 per cent to close at 43,897.13 basis points. Similarly, the overall market capitalisation size gained N28 billion to close […]
Company Close Updates Company Logo Shares of Exxon Mobil Corp. XOM, +1.16% inched 0.05% higher to $61.02 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, -1.65% rising 0.62% to 4,725.79 and the Dow Jones Industrial Average DJIA, -1.55% rising 0.55% to 35,950.56. […]
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