The year-to-date (YTD) growth of the Nigerian Stock Exchange (NSE) All-Share Index (ASI) hit 32.2 per cent yesterday on the back of the continued bull run. The market has recorded positive performance in the past three days with the NSE ASI gaining 0.76 per cent to close at 35,493.15. The sustained gains have boosted the […]
Tag: XNSA_LINKASSURE
Linkage Assurance records N2.89 billion profit
Shareholders of Linkage Assurance Plc who had waited over the years for dividend,finally got received five kobo per share pay out, as the company’s profit after tax increased to N2.89 billion in 2017 financial year. The shareholders, who spoke on the achievements of the company in 2017 financial year, at the 24th yearly general meeting, […]
Stock Market Rebounds, Gains 0.53% on Bargain Hunting
Goddy Egene The stock market rebounded yesterday following bargaining hunting in banking and consumer goods counters. The market had opened for the week on Monday with a decline of 0.32 per cent. However, the losses were pared yesterday, leading to a growth of 0.53 per cent in the Nigerian Stock Exchange All-Share Index (NSE ASI) […]
NSE: Bears halt 2 days’ gaining streak
Key performance indices, the NSE All Share Index (ASI) and market capitalisation, yesterday fell by 0.32 per cent, halting two days gaining streak, as market speculators embarked on profits taking. Driven by decline in value of most financial and consumer stocks, the equities market began the trading week on a negative note. Consequently, the All-Share […]
Equities Market Loses N42bn
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 […]
NSE’s All-share index appreciates by 0.6 per cent
Nigerian Stock Exchange It was a quick reversal of Monday’s negative sentiments yesterday, following price gains recorded by most blue-chip stocks, the Nigerian equity market as the all-share index appreciated by 0.6 per cent. The improved performance was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Total Nigeria, Flourmills Nigeria, […]
Nigerian stocks tumble as demands diminishes
The Nigerian Stock Exchange (NSE) continued to stumble as the all share index closed at 36,232.66 basis points down 0.20%. Year to date, the index is down 5.26%. Top Gainers and Losers Courtville Business Solutions closed at N0.22, down 10%. Sterling Bank closed at N1.49, down 9.56%. Niger Insurance closed at N0.39, down 8.33%. On […]
NSE All-share Index Drops By 0.32 Percent
stock exchange market complex, Lagos The All-share index at the Nigeria Stock Exchange shrank by 0.32 percent to settle at 35,311.36 basis points at the end of trading on Monday. This is as the market capitalization dropped to N12.891tn from N12.933tn made on Friday. Overall, the NSE depreciated by N42bn just as there were 14 […]
Linkage Assurance set to cover farmers
Farming in Northern Nigeria In a move to sustain and achieve long-term growth expectation in Nigeria’s agricultural sector, National Insurance Commission (NAICOM), has given Linkage Assurance Plc the approval to underwrite agric insurance . The products approved include Linkage Assurance Crop Insurance Solutions, Linkage Assurance Farm All Risk lnsurance, Linkage Assurance Farm Motor Insurance, and […]
Linkage Assurance gets NAICOM approval to underwrite agric insurance
Linkage Assurance Plc has secured the approval of the National Insurance Commission (NAICOM) to underwrite agric insurance. NAICOM The approval will enable Linkage support the farmers and service providers in the agricultural value chain for greater sustainability and economic growth. In a statement from the company, among the products approved include Linkage Assurance Crop Insurance […]