Investors at the Nigerian Stock Exchange on Wednesday traded a total of 131.43 million shares valued at N1.40 billion exchanged in 2,786 deals, the News Agency of Nigeria reports. NAN reports that this was against 143.708 million shares worth N1.67 billion traded in 3,457 deals on Tuesday. The Financial Service Sector remained the toast of […]
Equities market closed today on a negative note, as NSEASI depreciated by 0.31% to close at 31,042.32basis points as against 0.82% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -1.24%. Market breadth closed negative as REDSTAREX led 12 Gainers as against 19 Losers topped by ACADEMY at the end of today’s session- an […]
Lagos – Presco, the leading palm oil company in Nigeria is outperforming the market after a nine month bottom line that looked little different than the equivalent position Year-on-Year. But the stock is trading at multiples that could send the stock trading higher if full year results turns out better than the equivalent period. Even […]
Tuesday, April 09, 2019 11:45 AM / Coronation Research / Header Image Credit: FX Empire There was a small amount of profit-taking in the T-bill market last week, but the overall sense is one of mission accomplished – for 2019 – when it comes to reductions in market interest rates, stabilising FX reserves and anchoring […]
By Dipo Olowookere The first gain on the Nigerian Stock Exchange (NSE) this week was achieved on Thursday after the market closed slightly higher by 0.01 percent. The market capitalisation increased yesterday by N2 billion to close at N11.594 trillion, while the All-Share Index (ASI) increased by 4.05 points to settle at 30,833.50 points. Despite […]
Chika Amanze-Nwachuku Eighteen stocks, including six financial institutions-Unity Bank Plc, Fidelity Bank, First City Monument Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Plc and Wema Bank Plc dominated losers’ chart at yesterday’s trading on the Nigerian Stock Exchange (NSE). Other equities on the losers’ chart were Transcorp Plc, Cadbury Plc, May and […]
nigeria stock exchange Investors on Tuesday traded 143.708 million shares worth N1.682 billion in 3457 deals. This is against 168.721 million shares valued at N3.751 billion exchanged hands the previous day in 3048 deals. The Nigerian Stock Exchange trading result for the day showed that All share Index declined to 31038.86 points from 31042.32 points […]
Cadbury Nigeria has declared a net profit growth of 174 per cent in its audited financials for the year ended December 31, 2018. The company’s results on the Nigerian Stock Exchange (NSE) showed that profit after tax went up to N823.09 million from N300 million in 2017. Also, profit before tax stood at N1.22 billion, […]
By Dipo Olowookere The 2018 financial year was good for Cadbury Nigeria Plc after going through turbulent times few years ago as a result of recession in the country. The financial results released by the board last week showed that there was an 8.75 percent improvement in the revenue generated in the period under review. […]
The Nigerian Stock Exchange (NSE) market indicators reversed negative trend on Friday with a marginal growth of 0.21 per cent. Specifically, the All-Share Index which opened at 29,553.12 grew by 63.26 points or 0.21 points to close at 29,616.38 due to marginal gains by some blue chips. Also, the market capitalisation which opened at N11.100 […]
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