The market capitalisation of equities listed on the Nigerian Exchange Limited rose on Wednesday for the fourth straight trading day, gaining a total of N314.20bn. At the end of trading on the floor of the NGX on Wednesday, the All-Share Index increased by 0.22 per cent to 38,418.04 basis points from 38,418.04 on Tuesday. The […]
The Nigerian Exchange (NGX) Limited All-Share Index (ASI) rose 0.2 per cent to close higher at 38,548.24 as the market extended its recovery for the second day. The appreciation was supported by gains recorded by MTN Nigeria Plc, FCMB Group Plc and Lafarge Africa Plc. Market capitalisation added N34.3 billion to close at N20.1 trillion. […]
Market sentiment was positive with 28 gainers in contrast with 24 losers [Reuters/Akintunde Akinleye] Reuters Trading on the nation’s bourse resumed on Monday on a positive note, following investors’ interest in shares of Zenith Bank, International Breweries (IB) and Flourmill. Specifically, the All-Share Index rose by 30.56 points or 0.08 per cent to close at […]
Johnson Okafor The equity market, on Monday, returned to positive territory as the Nigerian Stock Exchange All-Share Index and market capitalisation rose by 0.08 per cent. The market breadth closed on a positive note with 28 gainers against 24 decliners. The ASI grew by 30.56 basis points or 0.08 per cent from 40,120.22bps last Friday […]
WorldStage Newsonline– Berger Paints Nigeria Plc said its Board has approved the appointment, subject to the ratification of the Annual General Meeting, of Mrs. Ogechi U. Iheanacho as a Non-Executive Director effective January 2, 2021. This is following the announcement that Engineer Patrick Buruche, a Non-Executive Director on the Board of Berger Paints Nigeria Plc, […]
Infosys was also the fastest wealth multiplier, increasing wealth of the stockholder by 688 times MORE FROM THE AUTHOR Infosys, the country’s second largest software exporter, has emerged as the fastest wealth creator in the last 25 years. Mukesh Ambani’s Reliance Industries turned out to be the biggest wealth creator in this period, according to […]
IT major Infosys has emerged as the fasted wealth creator in the last 25 years. As per Motilal Oswal Financial Services’ annual wealth creation study, Infosys clocked a robust price compound annual growth rate (CAGR) of 30 percent to emerge as the fastest wealth creator between 1995 and 2020. This was backed by a 25-year […]
By Dipo Olowookere Transactions on the Nigerian Stock Exchange (NSE) closed 1.66 percent lower on Monday after investors embarked on profit taking. The loss took out the gains posted by the local bourse last Friday. The All-Share Index (ASI), which closed at 31,041.42 points last Friday, decreased yesterday by 509.73 points to finish at 30,531.69 […]
The Nigerian Stock Exchange closed in the red today. The All Share Index ended today’s trading session at 30,531.69 basis points, down 1.64%. Year to date, the index is down 2.86%. Top Gainers and Losers McNichols Consolidated Plc was the best performing stock today. The stock gained 10% to close at N0.77. Berger Paints Nigeria […]
Nigeria Stock Exchange, Lagos Following price losses incurred by most blue-chip stocks, transactions on the trading floor of the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, causing market capitalisation to plunge further by N206 billion. Specifically, at the close of transactions yesterday, the All-share index (ASI) shed 513.92 absolute points, representing a decline […]
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