Kenya Airways Boeing 737-800 © Tis Meyer (PlanePics.org) Kenya Airways (KQ, Nairobi Jomo Kenyatta ) is planning to downsize its fleet to 30 aircraft, a move that may see more staff lay-offs as the flag carrier looks to cut costs, reports Kenya’s The Star newspaper. This was in line with a recovery-and turnaround plan completed […]
Tag: XNSA_MEYER
Meyer, Ecobank, Access Bank top stocks to watch this week
Top stocks to watch this week The market was up by 0.36 per cent last week as investors continued to be drawn by stocks following a good number of strong full-year corporate results as well as dividend declarations by some companies. More annual reports are due this week and next including those of big lenders […]
Kenya Airways to downsize fleet – report
Kenya Airways Boeing 737-800 © Tis Meyer (PlanePics.org) Kenya Airways (KQ, Nairobi Jomo Kenyatta ) is planning to downsize its fleet to 30 aircraft, a move that may see more staff lay-offs as the flag carrier looks to cut costs, reports Kenya’s The Star newspaper. This was in line with a recovery-and turnaround plan completed […]
INVESTORS AND PSYCHOLOGY OF EARNINGS SEASONS
Sola Oni writes that equity investors are likely to purchase shares of companies that have proposed high dividend The first quarter of the year is always characterized by announcement of audited financial results by the quoted companies on Nigerian Exchange Group PLC (NGX PLC). One of the key drivers of an efficient market is the […]
Investors and Psychology of Earnings Season
Inoni The first quarter of the year is always characterized by announcement of audited financial results by the quoted companies on Nigerian Exchange Group PLC (NGX PLC). One of the key drivers of an efficient market is the availability of authentic and regular information from quoted companies. It is a Post Listing Requirement that a […]
Investors and Psychology of Earnings Seasons
First quarters are always characterized by the announcement of audited financial results by companies quoted on the Nigerian Exchange Group Plc (NGX Plc). One of the key drivers of an efficient market is the availability of authentic and regular information from quoted companies. It is a post listing requirement that a listed company must submit […]
Living Trust, Veritas Kapital, Sovereign Trust top stocks to watch this week
Top stocks to watch this week At last, the earnings season is here, heralded by the issuing of Living Trust Mortgage Bank’s full year 2021 financial report on Friday. The impressive performance of the lender is expected to lift the spirit of investors this week as the market awaits more results. Before making investment decisions, […]
Gains in BUA Foods, 23 stocks lift NGX index further by 0.3%
The reign of the bulls continued unabated on the equities sector of the Nigerian Exchange Limited (NGX), as many blue-chip stocks, especially BUA Foods and Academy Press join the league of gainers, resulting in a further rise in the All-Share Index (ASI) by 0.3 per cent. Specifically, the market capitalisation of listed equities increased by […]
NGX: Market capitalisation gains N71 billion
Nigerian Stock Market trade floor (Photo Credit: Bloomberg) The domestic equities market sustained its positive run on Thursday as demand for Lafarge Africa and FBN Holdings spurred a third consecutive gain in the market. Specifically, the All-Share Index inched higher by 131.19 points or 0.30 per cent to close at 43,607.94 from 43,476.75 posted on […]
Price Appreciation in BUA Foods, Lafarge Africa, Others Drive Stock Market by N70bn
BUA Cement Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) gained N70 billion on sustained bargain hunting in BUA Foods, Lafarge Africa, Nigerian Exchange Group (NGXGroup), UAC of Nigeria (UACN), United Capital and 20 other stocks. The appreciation drives NGX All Share Index (ASI) by 131.19 basis points or 0.30 per cent […]