Top Gainers The Nigerian Stock Exchange (NSE) ended the last trading week, and indeed the month of August, on a negative note. The All Share index fell by 1.63% during the week to close at 34,848.45 basis points. The index depreciated by 5.86% in August, and is down 8.88%, year to date. 37 equities appreciated […]
By Dipo Olowookere Activities at the local bourse finished bearish again on Thursday as result of losses recorded by counters in the banking sector. Late Wednesday, UBA and Access Bank finally released their much-awaited half year earnings and despite the impressive results churned out by the former, investors chose to react to the not-too impressive […]
As the market continues in search of positive triggers following the protracted bearish run, operators in the capital market have said that investors will direct their attention to high dividend yielding stocks as well as the penny stocks this week. Stock Market Also, given that quarter two 2018, (Q2’18) earnings season is closing out, local […]
The President, Nigerian Council of Registered Insurance Brokers, Shola Tinubu, says the council will take appropriate steps to ensure that the gross premium generated by brokers is published annually. Tinubu, who made this known on Wednesday at a media parley in Lagos, said that the publication would start in 2019. He said that the council […]
The equities market plunged further yesterday as profit taking in bellwether stocks depressed the Nigerian Stock Exchange (NSE) All-Share Index (ASI) below 35,000 mark at 34,663.48. Similarly, market capitalisation shed N220.5 billion to close lower at N12.638 trillion. A total of 22 stocks shed weight compared with only 11 other stocks. The banking counters recorded […]
As part of their commitment to underwriting business, life insurance operators steadily grew their liabilities to N476.44 billion within a space of three years from N341.61 billion, New Telegraph has learnt. The details revealed through a report by the Nigerian Insurers Association (NIA), covered the period between 2014 and 2016. According to the study, the […]
Nigeria Stock Exchange, Lagos Equity transactions on the equity sector of the Nigerian Stock Exchange (NSE) reopened upbeat yesterday, following price gains recorded by most Highly Capitalised (High Cap) stocks, as market capitalisation rose by N39billion. Specifically, at the close of transactions yesterday, the All Share Index (ASI) gained 108.52 absolute points, representing a growth […]
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