The Nigerian equities market closed marginally in negative territory amid sustained profit taking activity as investors continued to patronise fixed income assets. The decline in overall market performance was partly subdued by partial recovery in the share prices of Dangote Cement and Zenith Bank, amid technical marked down for dividend. The benchmark index posted losses […]
Tag: XNSA_CADBURY
Investors Endure Run Of Losses As NSE Index Down 0.01%
Lagos – The local bourse regained losses from earlier trading sessions to close slightly bearish, as sell-offs in market bellwethers outpaced last-minute bargain hunting activities. A total turnover of 1.198 billion shares worth N12.273 billion in 18,293 deals were traded last week by investors on the floor of the Exchange in contrast to a total […]
CORPORATE ACTIONS: New bosses and 2 become 1
Corporate Actions Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have impact on the firms themselves or shareholders. Examples of corporate actions include the payment of dividends, closing of shareholders’ registers, announcing qualification dates and Annual General Meeting (AGM) dates. Corporate Actions that took place last week CRe […]
Nigeria: Wema Bank, Presco, Others Lead Stock Market’s N95 Billion Loss
The bears sustained hold on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, as more blue-chip stocks depreciated in price, especially Wema Bank and Presco, causing the All-Share Index to decline further by 0.01 per cent. Specifically, the All-Share Index shed 3.46 absolute points, representing a dip of 0.01 per cent to close […]
Equities Lose N220b on Monday After Friday’s N236b Gain
By Dipo Olowookere The Nigerian Stock Exchange (NSE) recorded a 1.71 percent loss on Monday after the market achieved an increase of 1.87 percent last Friday. It was observed that the decline posted by the equities market yesterday was mainly influenced by continued selloffs by investors. While the All Share Index (ASI) depreciated by 602.81 […]
These listed firms are among the top non-oil exporters in the country
Dangote Cement Plant The Central Bank of Nigeria (CBN) last week released its Annual report for the years 2016 and 2017. In addition to reporting about the Bank’s activities, the report also contains information about the top 100 exporters in the country. Goods valued at $909 million were exported by 100 companies last year. 13 […]
