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 […]
Tag: XNSA_CONTINSURE
Continental Re debunks de-listing rumors
The Managing Director (MD) of Continental Reinsurance Plc, Dr Olufemi Oyetunji has debunked the rumour that the company is planning to delist from the Nigerian Stock Exchange (NSE). While addressing newsmen, the Continental boss said the company is only planning to change its business structure to attract capital. Oyetunji said “We need all the capital […]
Sterling Bank Joins NSE-30 Index as Ecobank Exits NSE Pension Index
By Dipo Olowookere Authorities of the Nigerian Stock Exchange (NSE) have announced the review of composition of its market indices, with some publicly quoted companies exiting and joining various indexes. In a statement, the stock exchange management said the NSE-30, and its eight sectoral indices; NSE Consumer Goods, NSE Banking, NSE Insurance, NSE Industrial, NSE […]
Persistent Bear Run Pushes Nigerian Stock Market to 15-Month Low
Goddy Egene The Nigerian equities market slumped to 15-month low yesterday on continuing bear run with the Nigerian Stock Exchange All-Share Index (NSE ASI) falling 1.25 per cent to close at 33,611.69, while market capitalisation shed N155.6 billion to close at N12.27 trillion. The market had lost 2.3 per cent last week in line with […]
Bearish sentiments to persist in equities market as elections draw close
The bearish performance at the equities market, driven by negative investor sentiments, is expected to continue throughout the month of September on growing uncertainties surrounding the upcoming 2019 general election, according to market analysts. Financial Derivatives Company says investors’ fatigue will continue as political uncertainty continues to grow, projecting a growing preference in debt capital […]
Equities Market Begins September Flat As ASI Down By 0.03%
Trading on the Nigerian equities market began the month of September on a slightly negative note as the Nigerian Stock Exchange, All-Share Index (NSE-ASI) declined by 0.03 per cent, yesterday. NSE-ASI shed 10.95 absolute points, representing a decline of 0.03 per cent to close at 34,837.50 points. Also, the market capitalisation declined by N4 billion […]
AIICO Insurance maintains upswing as ASI drops 0.03%
Nigerian Stock Exchange The Nigerian Stock Exchange ended the first trading day in September on a bearish note. The All Share Index closed at 0.03%. Year to date, the index is down 8.91%. Top Gainers and Losers Hallmark Insurance Plc led the top gainers as the stock appreciated by 105 to close at N0.90. Continental […]
Stock market opens September with N4b losses
Nigerian Stock Exchange Equity transactions on the floor of the Nigeria Stock Exchange (NSE), reopened September trading on a downward note yesterday, as most highly capitalised stocks recorded price depreciation, causing market capitalisation to plunge by N4 billion. Yesterday, the All-Share Index (NSE-ASI) declined by 10.95 absolute points, representing a decline of 0.03 per cent […]
Tantalizers Drop 41.67% To Emerge Worst Performing Stock On NSE In July
Floor of Nigerian Stock Exchange Low, medium and high capitalised equities dominated worst performing table on the Nigerian Stock Exchange (NSE) for the month of July in percentage terms. Concise News gathered that Tantalizers emerged the worst performing equity in percentage terms with 41.67 per cent. Data obtained from NSE indicated that the stock during […]
NSE: Bears resume with 0.58% gain
The Nigerian Stock Exchange (NSE) yesterday resumed gaining streak as activities on the shares of blue chip companies led gainers to lift the overall performance indices after a marginal drop the previous day. The twin performance gauges, NSE ASI and market capitalisation, increased by 0.58 per cent even as most sectored gauge closed in the […]