As the market continues in search of positive triggers following the protracted bearish run, operators in the capital market have said that investors will direct their attention to high dividend yielding stocks as well as the penny stocks this week. Stock Market Also, given that quarter two 2018, (Q2’18) earnings season is closing out, local […]
Tag: XNSA_DANGCEM
Stanbic IBTC assists Dangote Cement with new Commercial Paper offering
Aliko Dangote is the chairman and CEO of a company that is building a $12bn oil refinery © Bloomberg Stanbic IBTC Capital and Stanbic IBTC Bank, subsidiaries of Stanbic IBTC Holdings PLC, have partnered with Dangote Cement PLC (“Dangote Cement” or the “Company”), Africa’s largest cement producer, to conclude yet another issuance of N50 billion […]
How investors reacted to half-year results of premium board listed firms
Nigerian Stock Exchange (NSE) premium board listed companies fondly referred to as Nigeria’s elite issuers are industry leaders in their respective sectors. Following the release of their respective half-year financials business a.m . analyses their share price movement. Below are the performances of the respective companies: Dangote Cement Plc . was the quickest off the […]
Bargain Hunting In Dangote Cement Rebounds Equities Market
Sponsored Risk Disclaimer – By using this web site you agree to its terms and conditions. All materials, including but not limited to articles, directories, photos, lists, etc., on this website are the sole property of ForexTV or the respective copyright holders and are intended for informational/educational purposes using hypothetical and sometimes anecdotal illustrations. The […]
Cement, healthcare companies to raise N240b new capital
THE country’s largest cement and healthcare manufacturing companies are planning to raise N240 billion new capital to grow their businesses. The two largest cement companies – Dangote Cement Plc and Lafarge Africa Plc – and two leading healthcare companies – Fidson Healthcare Plc and May & Baker Nigeria Plc – have launched the new capital […]
Equities sustain recovery after steep decline
Nigeria equities sustained steady but modest recovery across the markets as investors resumed from the Eid-ul-Kabir holiday to strong appetite for large-cap stocks. After declining to their lowest levels in nearly a year, benchmark indices at the equities market sprang to a recovery in the latter half of the week. The All Share Index (ASI)-the […]
Equities Market Rebounds on Bargain Hunting, Gains 0.45%
The equities market rebounded last week with the Nigerian Stock Exchange (NSE) All-Share Index (NSE ASI) gaining 0.45 per cent after three weeks of decline. Although trading in the week was for only three days due to declaration of Tuesday and Wednesday as public holiday, price appreciation in Dangote Cement Plc lifted the positive performance […]
Equities investors gain N198bn after Sallah Break
Following the two-day holiday declared by the Federal Government to celebrate this year’s Eid-El-Kabir, the stock market resumed on Thursday on a positive note as equities investors gained N198 billion. The domestic bourse had recorded a bearish performance on Monday as the market capitalisation shed N219 billion to close at N12.66 trillion before the holiday. […]
Dangote Cement, GTB, others lead stock market’s N198b gain
• Investors enjoined to trade cautiously in near term Following price gains recorded by major highly capitalised stocks, especially Dangote Cement, and Guaranty Trust Bank (GTB), transactions on the equity sector of the Nigerian Stock Exchange (NSE), reopened in an upbeat after the two days holiday to mark the Eid-el Kabir celebration yesterday.Market capitalisation rose […]
NSE indices grow further by 0.63%, amid Dangote Cement gain
Trading activities on the Nigerian Stock Exchange sustained a postive growth on Friday, with Dangote Cement leading the gainers’ table for the second consecutive day. The News Agency of Nigeria reports that the crucial market indices appreciated further with 0.63 per cent growth, following gains by some blue chips. Specifically, the market capitalisation inched N81 […]