The Nigerian Stock Exchange (NSE) kicked off this week’s trading with a 0.32% decline in the All Share Index at 35,311.36 basis point. The Market capitalization closed at N12.891 trillion. The gainer’s chart was led by Total Nigeria Plc, Flour Mills of Nigeria Plc, Lafarge Africa, Nigerian Breweries Plc and Guaranty Trust Bank with their […]
By Dipo Olowookere Activities at the local bourse finished bearish again on Thursday as result of losses recorded by counters in the banking sector. Late Wednesday, UBA and Access Bank finally released their much-awaited half year earnings and despite the impressive results churned out by the former, investors chose to react to the not-too impressive […]
The Nigerian stocks market fell by 0.44 per cent amid renewed profit taking activity in Industrial and Consumer Goods stocks, reversing previous day’s positive sentiment. The Nigerian Stock Exchange-All Share Index (NSE-ASI) shed 157.27 absolute points, representing a decline of 0.44 per cent to close at 35,358.94 points. Also, the market capitalisation declined by N57 […]
To a large degree, we have seen our expectations play out in DANGCEM this year. Earnings have continuously impressed as volumes ramp up and improved cost efficiency remains a key driver of bottom-line growth. For us, we expect the narrative in H2’18 to remain unchanged, as we remain optimistic on further volume growth despite expected […]
The Floor of Nigerian Stock Exchange Market capitalization on the floor of the Nigerian Stock Exchange (NSE) depreciated on Wednesday by N57billion to close at N12.909trillion. This is as the All Share Index reduced by 157.27 absolute points, a fall of 0.44 percent to close at 35,358.94 points. The development was due to profit-taking in […]
Lafarge Africa Plc will hold an Extra Ordinary General Meeting (EGM) on Tuesday, September 25, 2018. Among the agenda to be discussed are: Approval of the appointment of Mr. RossenPapazov as a Non-Executive Director.Approval of Rights Issue and Debt-to-Equity Conversion. That the Company be and is hereby authorised to enter into a related party transaction […]
Nigerian Stock Exchange Hopes for a bulls’ run dimmed yesterday, following renewed profit-taking by investors at the Nigerian Stock Exchange (NSE), as the bears took centre stage again on equity transactions, reversing the Tuesday’s positive sentiment, as market capitalisation depreciated by N57billion. Specifically, at the close of transactions yesterday, the All Share Index (NSE-ASI) shed […]
All through today’s trading session, the all share index fluctuated as usual, as investors bought and sold off shares but the final close was at 0.44%, which is a reversal to Monday’s bearish trend from Tuesday’s bulling run. The shares of energy producer, Total, edged 1.05% higher for the third time this week, to close […]
Nigerian equities market yesterday began the trading week on a decline, to reverse the previous trading days’ positive trend, as investors lost N42billion. The Nigerian Stock Exchange -All Share Index (NSE-ASI) shed 114.81 absolute points, representing a decline of 0.32 per cent to close at 35,311.36 points. Also, the market capitalisation declined by N42 billion […]
Stanbic IBTC Capital and Stanbic IBTC Bank, subsidiaries of Stanbic IBTC Holdings Plc, have partnered with Dangote Cement to conclude yet another issuance of N50 billion Series 3 and 4 Notes, under the recently established Dangote Cement Plc’s N150 billion Commercial Paper, CP, programme. Naira Stanbic IBTC Capital is sole arranger of the CP programme, […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.