LivingTrust Mortgage Bank Plc has applied for regulatory approval to raise N2.75 billion new equity capital from its shareholders as the mortgage fir seeks to build up its balance sheet for aggressive growth. LivingTrust Mortgage Bank plans to float a rights issue of five billion ordinary shares of 50 kobo each at 55 kobo per […]
Nigerian stocks fell a little on Thursday, trading down 0.02 per cent as sell-offs in the shares of GTCO and Oando helped set in motion a loss in the sum of N4 billion. The development followed two straight days of gain by the bourse, which has now fallen by 5.89 per cent so far this […]
WorldStage NewsOnline—-The Nigerian Stock Exchange (NSE) has listed ABC Transport, Mcnichols and Dangote Flour as best performing stocks in the first quarter of 2019. Data obtained indicates that ABC Transport led eight other companies to emerge the best performing stocks in percentage terms during the period under review. A breakdown of the data shows that […]
ABC Transport For the Nigerian Stock Exchange (NSE), the stars of the first quarter of 2019 are ABC Transport, Mcnichols and Dangote Flour, which outperformed other listed stocks as at March 31. Data obtained by the News Agency of Nigeria (NAN) indicates that ABC Transport led eight other companies to emerge the best performing stocks […]
Equities segment of the Nigerian Stock Exchange began trading for the week on a negative note, following profit taking activities in Nestle Nigeria Plc (-8.3%) and Eco Transnational Incorporated (-3.4%) and losses in Nigerian Breweries (-5.6%). Consequent on this, the All Share Index (ASI) retreated by 1.6 percent to 30,531.69 points as year-to-date return further […]
LAGOS – Nigerian equities market on Monday commenced the trading week on a bearish note, with a decline of 1.53 per cent. The All Share Index (ASI) shed 454.14 basis points, representing a dip of 1.53 per cent to close at 30,226.77 points. Similarly, the market capitalisation shed N170 billion to close at N10.954 trillion. […]
The Nigeria Stock Exchange in Lagos Investors in Nigeria’s stock market on Monday lost N170bn as market capitalization fell from N11.124tn on Friday to N10.954tn, Concise News reports. This online news medium understands that the All Share Index shed 1.53 per cent to close at 29,162.24 basis points, and dragged the year-to-date loss to -7.2 […]
The Nigerian Stock Exchange closed in the red today. The All Share Index ended today’s trading session at 30,531.69 basis points, down 1.64%. Year to date, the index is down 2.86%. Top Gainers and Losers McNichols Consolidated Plc was the best performing stock today. The stock gained 10% to close at N0.77. Berger Paints Nigeria […]
Nigeria Stock Exchange, Lagos Following price losses incurred by most blue-chip stocks, transactions on the trading floor of the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, causing market capitalisation to plunge further by N206 billion. Specifically, at the close of transactions yesterday, the All-share index (ASI) shed 513.92 absolute points, representing a decline […]
Lagos – Nigerian equities market extended negative stance into the second trading session of the week as the Nigerian Stock Exchange- All Share Index (NSE-ASI) shed 0.14 per cent yesterday. NSE-ASI declined by 43.07 basis points, representing a decrease of 0.14 per cent, to close at 31,082.32 points. Similarly, market capitalisation shed N16 billion, to […]
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