The Financial Services Industry led the activity chart on the floor of the Nigerian Stock Exchange (NSE) this week with 3.060 billion shares valued at N14.469 billion and traded in 11,738 deals.The weekly report of transactions released on Friday in Lagos by the NSE showed that the ICT Industry followed with 253.633 million shares worth […]
By Dipo Olowookere The Nigerian Stock Exchange (NSE) registered its first gain of the week on Friday following the positive performance of stocks in the industrial goods sector of the market and others. The equities market rebounded yesterday by 0.21 percent to shrink the year-to-date loss to 5.77 percent. The All-Share Index (ASI), which closed […]
Nigerian Stock Exchange (NSE) 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 […]
Nigeria Stock Exchange, Lagos The Nigerian Stock Exchange (NSE) extended losing streak to four successive trading sessions, occasioned by sustained sell-off in most blue chip stocks, resulting to a further slide in market capitalisation by N43 billion. Specifically, at the close of trading yesterday, the All Share Index (ASI) shed 115.61 absolute points, representing a […]
Today, the bearish performance of the local bourse continued into the fourth consecutive trading session on the back of losses in DANGCEM (-0.5%), ETI (-3.3%) and ACCESS (-4.3%). As a result, the Benchmark Index fell by 39bps to 29,553.12 points as YTD loss worsened to -6.0% while market capitalisation fell by N43.4bn to N11.1tn. In […]
Thursday, April 4, 2019 03:30 PM / Proshare MARKETS Equities market closed today on a negative note, as NSEASI depreciated by 0.39% to close at 29,553.12basis points as against 1.85% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -5.97%. Market breadth closed negative as CHAMS led 11 Gainers as against 18 Losers topped […]
Chams Plc Chams Plc released its results for the 2018 financial year, last week. There was a significant increase in the top line as well as a return to profitability. Revenue increased from N1.9 billion in 2017 to N3 billion in 2018. The company also made a profit after tax of N380 million , as […]
Feyisayo Popoola Chams Plc has recorded a 130 per cent increase in its annual profit for the year ended December 31, 2018. The firm, in its financial statement, reported a profit of N380m, as against the loss of N1.27bn recorded in the preceding year. The company’s total assets amounted to N5.25bn, compared with N4.77bn in […]
The equities activities of the Nigerian Stock Exchange (NSE) reopened for the week on Monday on a downward trend as market capaitalisation depreciated by 0.29 per cent. The News Agency of Nigeria (NAN) reports that market capitalisation, which opened at N11.672 trillion, lost N34 billion or 0.29 per cent to close at N11.638 trillion due […]
By Modupe Gbadeyanka The volume of shares transacted by investors on the floor of the Nigerian Stock Exchange (NSE) increased last week by 119.5 percent, data from the stock market revealed. Business Post reports that a total turnover of 2.6 billion shares worth N12.8 billion were traded in 15,558 deals in the week by investors […]
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