Sustained bargain-hunting boosts capitalisation by N325b

Sustained bargain-hunting boosts capitalisation by N325b

Building of the Nigerian Stock Exchange (NSE). PHOTO: AYODELE ADENIRAN For four consecutive sessions, sustained bargain hunting in the shares of blue-chip stocks pushed the Nigerian Stock Exchange (NSE) market capitalisation up by N325 billion. At the close of trading yesterday, the All-Share Index (ASI) gained 622.09 absolute points, representing an increase of 1.54 per […]

Seplat, FTN Cocoa, others lead NSE N66b gain

Seplat, FTN Cocoa, others lead NSE N66b gain

Following gains recorded by most blue chip stocks, especially Seplat and FTN Cocoa, transactions on the Nigerian Stock Exchange (NSE) extended gain to two consecutive sessions, causing market capitalisation to appreciate further by N66 billion At the close of transactions yesterday, the All-Share Index (ASI) gained 125.70 absolute points, representing a growth of 0.31 per […]

Corporate Actions: New signings and a capital raise

Corporate Actions: New signings and a capital raise

Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have an 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. Here is a review of corporate actions that took […]