Stock Exchange Bears’ dominance has remained unabated on the Nigerian Exchange Limited (NGX), as more bluechip stocks recorded price depreciation, causing the All-Share Index (ASI) to drop further by 0.19 per cent. Yesterday, the ASI dropped by 73.01 absolute point, representing a decline of 0.19 per cent to close at 37,585.25 points while the overall […]
The Nigerian Exchange (NGX) Limited has reviewed its sectoral market indices in order to reflect current trends at the stock market. The half-year review led to the entry and exit of some companies from several indices effective July 1, 2021. The Exchange explained that the indices were developed to allow investors to follow market movements […]
Nigerian stocks retreated by 1.37 per cent on Friday, obliterating the feeble gain recorded at the session before as a number of big-cap stocks like MTN, Dangote Cement and BUA Cement took a hit from profit-taking efforts. The industrial goods index was the worst hit of the five sectorial indices, dipping by 4.40 per cent […]
By Taofik Salako, Deputy Group Business Editor The Nigerian Stock Exchange (NSE) has removed 17 companies from its market-gauging indices to ensure that the indices fully reflect the market situation and the underlying fundamentals they represent. At the end of the annual full-year market index review, the NSE removed 17 companies from seven indices while […]
The Nigerian Stock Exchange (NSE), the premier sustainable exchange servicing Africa’s largest economy, has announced the results of its annual full year market index review for the following indices – the NSE 30, NSE Lotus Islamic, NSE Pension, Corporate Governance Index, Afrinvest Bank Value Index, Afrinvest Dividend Yield Index, Meristem Growth Index, Meristem Value Index; […]
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 […]
Equities Market Lagos – After five consecutive trading days of bearish run, the Nigerian equities market rebounded yesterday when the two major indicators, the All Share Index and Market Capitalisation appreciated by 0.2 per cent each. In today’s trading session, the 5-day bearish run in the domestic equities market was The halt was as a […]
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 […]
Stocks to Watch Stocks to watch this week comprises the top gainers and losers of the prior week, as well as companies that are likely to have corporate actions this week. 11 Plc has a spot on this week’s watchlist by virtue of its releasing its full-year 2018 results after trading hours. Investors may decide […]
UAC of Nigeria Plc has announced to pay a final dividend of 64 kobo per 50k ordinary share for the period ended Monday, December 31, 2018. The dividend payment is subject to appropriate withholding tax and would be paid electronically to shareholders whose names appear on the Register of Members as of Monday 20th May […]
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