[FILES] Photo/facebook/ngxgroup The bears maintained dominance on the equities sector of the Nigerian Exchange Limited, (NGX) for the second successive session yesterday, as many blue-chip stocks depreciated in price, resulting in a further decline in market capitalisation by N47 billion. In summary, the All-Share Index (ASI) declined by 87.81 absolute points, representing a decrease of […]
Tag: XNSA_ETERNA
Eterna, CWG Close as Worst-Performing Stocks as Market Sheds 0.02%
By Dipo Olowookere The Nigerian Exchange (NGX) Limited suffered a marginal 0.02 per cent loss on Monday following sell-offs in some equities like Eterna, MTN Nigeria, CWG, GTCO and others. Eterna and CWG closed the trading session as the worst-performing stocks after losing 10.00 per cent each to settle at N5.04 and 99 kobo respectively. […]
Hike in PMS Prices, Others Jerk Up Petroleum Marketing Companies Revenue by 47%
Kayode Tokede On the heels of increasing prices of Premium Motor Spirit (PMS) and other related products, a total of four listed Petroleum marketing companies on the Nigerian Exchange Limited (NGX) generated an increase of 47 per cent in revenue in 2021. These four companies, according to THISDAY investigations are Conoil Plc, Eterna Plc, Juli […]
Ease at sight as NNPC names 48 filling stations to give 24-hour fuel supply *See full list
Determined to improve the fuel supply situation in Nigeria, the Nigerian National Petroleum Corporation Limited (NNPC) Monday identified 48 fuel stations where motorists living in the Abuja city and its environs could get petrol irrespective of the time. The stations are to begin operation Monday night. A statement signed by Group General Manager, Group Public […]
NGX: Market cap up by 1.04% as investors gain N262.1bn in eight hours
NGX: Market cap up by 1.04% as investors gain N262.1bn in eight hours | The Paradise News Shareholders at the Nigerian capital market pocketed N262.17 billion in just eight hours on Tuesday. This followed the rise in equity capitalisation by 1.04 percent at the close of the day’s trading. The development pushed up the equity […]
Nigerian All-Share Index Crosses 47,000 points After 1.04% Rise
By Dipo Olowookere The Nigerian Exchange (NGX) Limited closed at a level last seen in August 2008 on Tuesday after it recorded a growth of 1.04 per cent. This pushed the All-Share Index (ASI) higher by 486.64 points to 47,111.21 points from 46,624.67 points and raised the market capitalisation by N489 billion to N25.387 trillion […]
Conoil, three other marketers post N622.42bn revenue
Four of the major oil marketing companies in Nigeria saw their combined revenue surged by 46.96 per cent last year as fuel demand recovers from the impact of the COVID-19 pandemic. The companies, namely Conoil Plc, TotalEnergies Marketing Nigeria Plc, MRS Oil Nigeria Plc and Eterna Plc, grew their total revenue by N198.9bn in 2021 […]
CWG, Transcorp, FBN Holdings Dominate NGX Weekly Equity Turnover
By Dipo Olowookere The trio of Computer Warehouse Group (CWG), Transcorp and FBN Holdings dominated the total equity turnover last week, accounting for 810.8 million shares worth N2.1 billion in 1,499 deals, contributing 43.65 per cent and 4.38 per cent to the total trading volume and value respectively. Business Post reports that in the week, […]
CWG, Transcorp, FBN Holdings Lead Capital Market’s N47.48 Billion Investment
A leading Information Technology service management company in Nigeria, Computer Warehouse Group (CWG) including Transcorp and First Bank Holdings led last week’s capital market investment based on volume, reports revealed. This is as the three companies contributed 43.65% and 4.38% to the total equity turnover volume and value respectively, Naija News understands. The Nigerian Exchange […]
Renewed profit-taking drags stock market indices by N20bn
Following renewed profit taking activity, the equities market halted five days gaining streak to close on a downturn yesterday, causing market capitalisation to plunge by N20 billion. Specifically, at the close of trading yesterday, the NGX All-Share Index depreciated by 37.83 basis points to 43859.30 points from 43897.13 points reported the previous day. Similarly, market […]