Nigerian Stock Exchange After few days of downturn, and the bulls upstaged the bears on the trading floor of the Nigerian Stock Exchange (NSE), occasioned by bargain hunting in the bellwethers, as the All-share index increased marginally by 0.1 per cent.Yesterday, the All Share Index (ASI) gained 34.85 absolute points, representing a growth of 0.12 […]
Tag: XNSA_FIDSON
Stock investors lose N170bn, market cap falls below N11tn
Feyisayo Popoola THE nation’s stock market opened the week on a bearish note as investors lost N170bn on Monday. The equities market, which lost N343bn on four trading sessions last week, saw its market capitalisation drop from N11.124tn on Friday to N10.954tn on Monday. The All Share Index shed 1.53 per cent to close at […]
NSE turns green for the first time in April
The Nigerian Stock Exchange ended Friday’s trading session in positive territory. The All Share Index closed at 29.616.38 basis points, up 0.21%. Year to date, the index is up 5.77%. Top Gainers and Losers First Aluminium Plc was the best performing stock today. The stock gained 10% to close at N0.33. Chams Plc gained 9.09% […]
CORPORATE ACTIONS: An Exit and Less Sugar
Corporate Actions Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have impacts on the firms themselves or shareholders. Examples of corporate actions include the release of quarterly and full year results, payment of dividends, closing of shareholders’ registers, announcing qualification dates and Annual General Meeting (AGM) dates. Here […]
Fidson Healthcare gets SEC approval to review its rights issue
In view of prevailing market realities, leading pharmaceutical company, Fidson Healthcare Plc has reduced the size and price of its planned rights issue after it got regulatory approval from the Securities and Exchange Commission (SEC). The healthcare company disclosed this through a notice to the Nigerian Stock Exchange yesterday. Fidson Healthcare had announced a rights […]
Stocks fall further, market cap drops by N111bn
Feyisayo Popoola The nation’s equities market extended its decline on Thursday as it shed N111bn following the price depreciation recorded by 31 stocks at the close of trading. The All-Share Index and market capitalisation of equities listed on the Nigerian Stock Exchange fell by 0.88 per cent to close at 34,110.22 basis points and N12.452tn […]
Market Rebounds on Increased Buying Interest in Banking Stocks
Goddy Egene The stock market rebounded yesterday as the Nigerian Stock Exchange All-Share Index (NSE ASI) rose 0.28 per cent to close at 34,933.68 after opening the month on a negative note the previous day. Similarly, market capitalisation added N36.1 billion to close at 12.8 trillion. Buying interest in banking stocks such as Zenith Bank […]
Stocks Market Up By 0.28% Amid Bargain Hunting
The Nigerian stocks market rose yesterday by 0.28 per cent amid renewed bargain hunting activity in Banking and Oil & Gas stocks. In summary, the All Share Index (ASI) gained 96.18 absolute points, representing a growth of 0.28 per cent to close at 34,933.86 points. Similarly, the market capitalisation gained N35 billion to close at […]
Stock index rises 0.3% amid renewed bargain hunting
Nigerian Stock Exchange Following renewed bargain hunting embarked upon by stock market investors, transactions on the equity sector of the Nigerian Stock Exchange (NSE), closed upbeat yesterday, as the All-share index rose marginally by 0.3 per cent. Specifically, at the close of transactions yesterday, the All Share Index (ASI) gained 96.18 absolute points, representing a […]
Fidson to Pay 20 Kobo Dividend to Shareholders September 26
By Dipo Olowookere A final dividend of 20 kobo per 50 kobo ordinary share would be paid to shareholders of Fidson Healthcare Plc, Business Post is reporting. This payment is for the period ended December 31, 2017 and it is subject to appropriate withholding tax and approval of shareholders. According to the leading healthcare firm, […]