The bears returned to the local bourse yesterday pulling, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) down by 0.19 per cent to close at 40,494.35. The market had opened for the week on positive note after two weeks of decline, raising hopes that the bargain hunting could be sustained. However, sell-offs in Stanbic IBTC […]
The stock market recorded further growth yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 0.8 per cent to close at 39,110.17, while the market capitalisation added N167.6 billion to close at N20.4 trillion. Although nine stocks appreciated compared with 20 stocks that depreciated, the performance was buoyed by strong demand for the […]
The stock market recorded further growth yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 0.8 per cent to close at 39,110.17, while the market capitalisation added N167.6 billion to close at N20.4 trillion. Although nine stocks appreciated compared with 20 stocks that depreciated, the performance was buoyed by strong demand for the […]
UACN Plc Investors in UAC of Nigeria Plc may have to wait till sometime in May before the group’s full-year audited results will be released. The company’s financial year ends in December, and companies are expected to submit their statements at most 90 days after or on March 31st. A subsidiary of the conglomerate, UACN […]
nigeria stock exchange Forte Oil Thursday led gainers during the day, appreciating by N2.45 kobo to close at N27.40 kobo, Vitafoam Nigeria Plc followed with a gain of N0.28 kobo to close at N3.85 kobo, Oando Plc appreciated by N0.15 kobo to close at N4.95 kobo, Zenith Bank Plc increased by N0.10 kobo to close […]
Meyer paints Meyer Plc, yesterday announced the appointment of a new Managing Director, Mr Devashish Lash, effective February 1st, 2019. The company also announced the resignation of its Chief Financial Officer (CFO) , Kehinde Yusuf, effective 31st December 2018. The moves may be part of a shakeup which the company has embarked on in the […]
The nation’s capital market expectedly reacted negatively to the postponement of the 2019 general elections, as investors lost N196 billion at the end of trading on Monday. As of 12:02pm on Monday, the stock market had fallen by 1.92 per cent, by 2:00pm it fell further by 2.53 per cent, but as of the close […]
The Nigerian Stock Exchange (NSE) continued to stumble as the all share index closed at 36,232.66 basis points down 0.20%. Year to date, the index is down 5.26%. Top Gainers and Losers Courtville Business Solutions closed at N0.22, down 10%. Sterling Bank closed at N1.49, down 9.56%. Niger Insurance closed at N0.39, down 8.33%. On […]
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