The Nigerian equities market extended its losses to the second trading session of the week and month of April on the back of sustained losses in high capitalised stocks. As a result, the All Share Index (ASI) shed 300.73 absolute points, representing a dip of 0.99 per cent to close at 30,226.77 points. Similarly, the […]
Tag: XNSA_NB
Stock Indices Close 1.66% Lower Amid N150bn Loss
By Dipo Olowookere Transactions on the Nigerian Stock Exchange (NSE) closed 1.66 percent lower on Monday after investors embarked on profit taking. The loss took out the gains posted by the local bourse last Friday. The All-Share Index (ASI), which closed at 31,041.42 points last Friday, decreased yesterday by 509.73 points to finish at 30,531.69 […]
NSE confirms ABC Transport, Mcnichols, Dangote Flour best performing stocks in Q1
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 […]
JUST IN: ABC Transport, Mcnichols, Dangote Flour Emerge Best Performing Stocks In Q1
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 Market Records Marginal Decline, Down 0.01%
Nigerian Stock Exchange (NSE) Lagos – Nigerian Stock Exchange – All Share Index (NSE-ASI) recorded a marginal decline to close the second trading session of the week yesterday. The All Share Index (ASI) shed 3.46 absolute points, representing a dip of 0.01 per cent to close at 31,038.86 points. Meanwhile, the market capitalisation gained N95 […]
Companies to receive awards for dividend payment
Securities and Exchange Commission The board of directors of Third Observers Nigeria Limited has concluded arrangements to present awards to quoted companies that delight investors with good dividend payouts. The awards ceremony is scheduled for next week in Lagos. The theme for second edition of the awards is: How Regulations Protect Investments and Help Secure […]
Equities Market Declines Further as Investors Ignore Companies’ Results
Goddy Egene The Nigerian equities market witnessed further decline yesterday as investors appeared to be ignoring the 2018 financial results of companies. The market had shed 1.2 per cent in the first quarter of 2019 majorly due to political risks. Stakeholders have been hoping that the reduced political tension after the general elections and release […]
Negative trend persist as stocks plummet 1.6%
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 […]
Sustained Sell-Offs Drag NSE Index Down 1.85%
Lagos – Nigerian Stock Exchange, All Share Index extended negative outlook to record the third consecutive decline for the week by 1.85 per cent loss yesterday to drop below 30,000 basis points. The All Share Index went down by 558.04 absolute points, representing a dip of 1.85 per cent, closing at 29,668.73 points while market […]
Companies to receive awards for dividend payment
Securities and Exchange Commission The board of directors of Third Observers Nigeria Limited has concluded arrangements to present awards to quoted companies that delight investors with good dividend payouts. The awards ceremony is scheduled for next week in Lagos. The theme for second edition of the awards is: How Regulations Protect Investments and Help Secure […]