The African Business magazine has released this year’s top-250 African companies survey, which highlights the overall carnage in African share valuations over the last year – and Ghana made only three entries. Ghana’s first entry was chalked by Tullow Oil, in 39th position with a market capitalization of US$2,888million. Standard Chartered Bank came second after […]
Telecoms company, Econet Wireless and beverage maker, Delta Corporation are the only two Zimbabwean companies to make it into Africa’s top 250 companies in 2020 , a pan-African publication, Business Africa Magazine has published. The survey ranks African or Africa-focused companies listed on public securities exchanges according to their market valuation as gathered by Tom […]
Chika Amanze-Nwachuku Eighteen stocks, including six financial institutions-Unity Bank Plc, Fidelity Bank, First City Monument Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Plc and Wema Bank Plc dominated losers’ chart at yesterday’s trading on the Nigerian Stock Exchange (NSE). Other equities on the losers’ chart were Transcorp Plc, Cadbury Plc, May and […]
nigeria stock exchange Investors on Tuesday traded 143.708 million shares worth N1.682 billion in 3457 deals. This is against 168.721 million shares valued at N3.751 billion exchanged hands the previous day in 3048 deals. The Nigerian Stock Exchange trading result for the day showed that All share Index declined to 31038.86 points from 31042.32 points […]
nigeria stock exchange ……..As investors trade shares worth N4.536bn Investors on Tuesday traded 376.947 million shares worth N4.536 billion in 4018 deals. This is against 1.724 billion shares cost N3.678 billion in exchanged hands the previous day in 3251 deals. Market capitalisation of listed equities declined by N169 billion to N11.353 trillion from N11.522 trillion […]
Access Bank Plc was the most active stock and the third highest gainer yesterday at the Nigerian equities market as investors sought to lock in into the first tier commercial bank, which consummated its merger with Diamond Bank Plc on Tuesday. The Nigerian Stock Exchange (NSE) had on Wednesday placed full suspension on Diamond Bank, […]
By Dipo Olowookere Trading resumed on the floor of the Nigerian Stock Exchange (NSE) on Monday on a negative note as a result of selloffs by investors. This led a loss of N36 billion in the market capitalisation, which closed at N11.576 trillion against N11.612 trillion it ended last Friday. Investors had hoped for the […]
Equities Market Lagos – After five consecutive trading days of bearish run, the Nigerian equities market rebounded yesterday when the two major indicators, the All Share Index and Market Capitalisation appreciated by 0.2 per cent each. In today’s trading session, the 5-day bearish run in the domestic equities market was The halt was as a […]
Lagos – Losses in market bellwethers – Dangote Cement (-0.6%), Zenith Bank (-2.5%) and Access Bank (-6.6%) – dragged the All Share Index down 0.31 per cent to 31,042.32 points, reverting its positive close at the previous trading session. As a result, investors lost N36.2 billion in value as market capitalisation fell to N11.6 trillion […]
Lagos – Nigerian Stock Exchange, All Share Index extended negative outlook to record the third consecutive decline for the week by 1.85 per cent loss yesterday to drop below 30,000 basis points. The All Share Index went down by 558.04 absolute points, representing a dip of 1.85 per cent, closing at 29,668.73 points while market […]
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