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 […]
Tag: XNSA_CADBURY
Access Bank, GTBank Join Growth Index as NSE Review Market Indices
The Nigerian Stock Exchange (NSE) has made its annual full year review of the market indices which includes: 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 and the five sectoral indices comprising the NSE Banking, NSE Insurance, NSE […]
NSE reveals results of full year review of market indices
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; […]
Stock market rises further by 1.20%
Bulls extended their dominance in the Nigerian equity market to seventh successive sessions yesterday, as the All-Share Index (ASI) appreciated by 1.20 per cent. At the close of transactions, the ASI gained 450.21 absolute points, representing a gain of 1.20 per cent to close at 37,893.61 points. Similarly, the overall market capitalisation appreciated by N235 […]
Profit-taking persists as investors wealth plunge further by N278b
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), continued southward for the third successive sessions, as investors wealth plunged by N278 billion The All-Share Index (ASI) lost 531.25 absolute points or 1.53 per cent to close at 34,242.83 points. Similarly, the overall market capitalisation value also shed N278 billion to close at […]
Currency Strong, Equities In The Shadows
Tuesday, April 09, 2019 11:45 AM / Coronation Research / Header Image Credit: FX Empire There was a small amount of profit-taking in the T-bill market last week, but the overall sense is one of mission accomplished – for 2019 – when it comes to reductions in market interest rates, stabilising FX reserves and anchoring […]
Equities Trading Closes Green After N2bn Gain
By Dipo Olowookere The first gain on the Nigerian Stock Exchange (NSE) this week was achieved on Thursday after the market closed slightly higher by 0.01 percent. The market capitalisation increased yesterday by N2 billion to close at N11.594 trillion, while the All-Share Index (ASI) increased by 4.05 points to settle at 30,833.50 points. Despite […]
Investors exchange shares worth N1.68bn
nigeria stock exchange Investors on Tuesday traded 143.708 million shares worth N1.682 billion in 3457 deals. This is against 168.721 million shares valued at N3.751 billion exchanged hands the previous day in 3048 deals. The Nigerian Stock Exchange trading result for the day showed that All share Index declined to 31038.86 points from 31042.32 points […]
Cadbury Nigeria Declares Net Profit Growth Of 174%
Cadbury Nigeria has declared a net profit growth of 174 per cent in its audited financials for the year ended December 31, 2018. The company’s results on the Nigerian Stock Exchange (NSE) showed that profit after tax went up to N823.09 million from N300 million in 2017. Also, profit before tax stood at N1.22 billion, […]
Cadbury Nigeria Improves PBT by 249%, to Pay 25 Kobo Dividend
By Dipo Olowookere The 2018 financial year was good for Cadbury Nigeria Plc after going through turbulent times few years ago as a result of recession in the country. The financial results released by the board last week showed that there was an 8.75 percent improvement in the revenue generated in the period under review. […]
