Today, the bearish performance of the local bourse continued into the fourth consecutive trading session on the back of losses in DANGCEM (-0.5%), ETI (-3.3%) and ACCESS (-4.3%). As a result, the Benchmark Index fell by 39bps to 29,553.12 points as YTD loss worsened to -6.0% while market capitalisation fell by N43.4bn to N11.1tn. In […]
Thursday, April 4, 2019 03:30 PM / Proshare MARKETS Equities market closed today on a negative note, as NSEASI depreciated by 0.39% to close at 29,553.12basis points as against 1.85% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -5.97%. Market breadth closed negative as CHAMS led 11 Gainers as against 18 Losers topped […]
Chams Plc Chams Plc released its results for the 2018 financial year, last week. There was a significant increase in the top line as well as a return to profitability. Revenue increased from N1.9 billion in 2017 to N3 billion in 2018. The company also made a profit after tax of N380 million , as […]
Feyisayo Popoola Chams Plc has recorded a 130 per cent increase in its annual profit for the year ended December 31, 2018. The firm, in its financial statement, reported a profit of N380m, as against the loss of N1.27bn recorded in the preceding year. The company’s total assets amounted to N5.25bn, compared with N4.77bn in […]
The equities activities of the Nigerian Stock Exchange (NSE) reopened for the week on Monday on a downward trend as market capaitalisation depreciated by 0.29 per cent. The News Agency of Nigeria (NAN) reports that market capitalisation, which opened at N11.672 trillion, lost N34 billion or 0.29 per cent to close at N11.638 trillion due […]
By Modupe Gbadeyanka The volume of shares transacted by investors on the floor of the Nigerian Stock Exchange (NSE) increased last week by 119.5 percent, data from the stock market revealed. Business Post reports that a total turnover of 2.6 billion shares worth N12.8 billion were traded in 15,558 deals in the week by investors […]
Weekly transactions on the Nigerian Stock Exchange (NSE) closed on Friday with the market indicators appreciating marginally by 0.68 per cent. The All-Share Index, which opened at 30,833.50 on Friday, rose by 207.92 points or 0.68 per cent to close at 31,041.42. Similarly, the market capitalisation inched by N79 billion or 0.68 per cent to […]
[FILES] Nigerian Stock Exchange (NSE) Continued price losses by many blue-chip stocks, yesterday depressed the indices further as transactions on the Nigerian Stock Exchange (NSE) reopened on a downturn making the All-share index plunge by 1.53 per cent. Yesterday, the All -share index (ASI) shed 454.14 absolute points, representing a dip of 1.53 per cent […]
The crucial market indicators of the Nigerian Stock Exchange (NSE) on Tuesday maintained negative slide, dropping by 0.01 per cent. Specifically, the All-Share Index dipped 3.67 points or 0.01 per cent to close at 29,158.57 compared with 29,162.24 achieved on Monday. Similarly, the market capitalisation, which opened at N10.953 trillion, shed N1 billion to close […]
The equities activities of the Nigerian Stock Exchange (NSE) reopened for the week on Monday on a downward trend as market capaitalisation depreciated by 0.29 per cent. The News Agency of Nigeria (NAN) reports that market capitalisation, which opened at N11.672 trillion, lost N34 billion or 0.29 per cent to close at N11.638 trillion due […]
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