NGX building used to illustrate the story The nation’s bourse kicked off the week on Monday still on a bullish note with bargain buying on Dangote Cement and other 27 stocks. Specificaly, the All-Share Index inched higher by 42.71 points or 0.10 per cent to close at 43,897.13 from 43,854.42 achieved on Friday. Accordingly, the […]
Tag: XNSA_AIICO
Airtel, Oando, Others Influence ₦243 billion Gain At Nigerian Stock Market
The Nigerian stock market ended on the right note on Wednesday as the likes of Airtel, Oando and several others gained two hundred and forty-three billion Naira before the end of the day. The stoke market on Wednesday saw all the share index increase by 1.05 per cent to close at 43,476.75 from 43,026.23 posted […]
Stock Market Begins Week Positive, Gains N28bn
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 […]
COVID-19 2020: AIICO Insurance Directors Receive Highest Pay In 30 Years
Babatunde Fajemirokun December 19, (THEWILL) – Directors of AIICO Insurance Plc, one of Nigeria’s topmost insurance firms, received a total emolument of N290.881 million in 2020, the year that COVID-19 spread human suffering and destabilised the global economy in the worst dimension in a century. A study of the firm’s performance records showed that the […]
20 Worst Performing and Best Performing Nigerian Stocks in 2021
By Dipo Olowookere The year 2021 on the floor of the Nigerian Exchange (NGX) Limited was interesting because of some intrigues that occurred, especially towards the end. The year closed with a shocker when it was announced that a two-year-old bank, Titan Trust Bank, was acquiring a 104-year-old Union Bank of Nigeria. This was not […]
Lafarge, Others Join Meristem Value Index as FBN, Honeywell Exit
By Dipo Olowookere Nigerian Exchange (NGX) Limited has rejigged its market indices, with some companies leaving and joining, according to a statement made available to Business Post . It was stated that the review became effective from Tuesday. January 4, 2022, and the affected indices are the NGX 30, NGX Lotus Islamic, NGX Pension, Corporate […]
Investors Lose N19.49bn on Profit-Taking in Presco, 20 Other Stocks
Kayode Tokede Trading in the stock market of the Nigerian Exchange Limited (NGX) commenced the week yesterday with negative sentiments amid investors profit-taking in Presco Plc and 20 others. Specifically, the NGX All-Share Index (ASI) dropped by 37.35 basis points or 0.09 per cent, to close at 43,270.94 basis points from 43,308.29 basis points. Consequently, […]
NGX sustains bearish trend as MRS, others drag indices further by N71b
[FILES] Nigerian Exchange Group (NGX). Photo/facebook/ngxgroup Trading activities on the floor of the Nigerian Exchange (NGX) sustained a sliding profile yesterday due to losses in the shares of many blue-chip firms, especially MRS and Chams, causing market capitalisation to depreciate further by N71 billion. Specifically, market capitalisation of listed equities declined by 0.31 per cent […]
University Press, Cadbury, Guinness Rescue Market by 0.41%
By Dipo Olowookere Transactions on the floor of the Nigerian Exchange (NGX) Limited closed bullish on Thursday with a 0.41 per cent growth after closing bearish a day earlier. Buying interest across the major sectors of the market yesterday triggered the reversal of the loss, with the consumer goods sector emerging as the darling of […]
Nigeria: Stock Market Appreciates By 0.41% As YTD Performance Hits 4.2%
The stock market of the Nigerian Exchange Limited (NGX) reversed prior day’s loss with a gain of 0.41 per cent amid investors renewed interest on 21 stocks. The market positive performance yesterday was driven by price appreciation in large and medium capitalised stocks, which are Nigerian Breweries Plc, Guinness Nigeria Plc, MTN Nigeria Plc, Cadbury […]