By Dipo Olowookere The Nigerian Exchange (NGX) Limited turned red on Tuesday following activities of profit-takers, which weakened the local bourse by 0.09 per cent at the close of business. It was the first loss Nigerian stocks were witnessing in 2022 as the five previous trading sessions have all ended in the positive territory. What […]
The combined market capitalization of the stocks worth over one trillion (SWOOTs) appreciated by 1.88% to close at N17.06 trillion from N16.75 trillion the previous week, reflecting a gain of N315.49 billion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE, MTNN Plc, and recently, BUA FOODS. Stock Performance Nestle Nig Plc […]
A BUA Foods Factory BUA Foods Plc attained quoted company status after it listed 18 billion ordinary shares in Lagos on Thursday, the firm said, the high point of weeks of transformation and meeting authorities’ as well as regulators’ demands. The milestone implies the food processing firm has gained entry into the Nigerian Exchange Limited […]
By Dipo Olowookere The last trading session of 2021 on the Nigerian Exchange (NGX) Limited ended on a high note with a 2.16 per cent growth on Friday, December 31. The growth recorded by Nigerian stocks was triggered by bargain hunting in Nestle Nigeria, MTN Nigeria and a few other blue-chip equities on the trading […]
Kayode Tokede Dangote Cement Plc and 14 other highly capitalised stocks on the Nigerian Exchange Limited (NGX) contributed 90.2 per cent or N20.10 trillion to overall N22.3 trillion market capitalisation in 2021. The other highly capitalised stocks were MTN Nigeria Plc, Airtel Africa Plc, BUA cement, Nestle Nigeria Plc, Zenith Bank Plc, Guaranty Trust Holdings […]
By Dipo Olowookere Nigerian Exchange (NGX) Limited has rejigged its market indices, with some companies leaving and joining, according to a statement made available to Business Post . It was stated that the review became effective from Tuesday. January 4, 2022, and the affected indices are the NGX 30, NGX Lotus Islamic, NGX Pension, Corporate […]
The combined market capitalization of the stocks worth over one trillion (SWOOTs) depreciated by 2.84% to close at N15.39 trillion from N15.84 trillion the previous week, reflecting a loss of N449.36 billion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE and MTNN Plc. Stock Performance Airtel Africa Plc – N955.00 Airtel […]
December 25, (THEWILL) – Nestle Nigeria Plc had a good third quarter (Q3) 2021 report (July – September). However, the aching spot of high finance cost has lingered since the year. This would, inexorably, impact on the bottom line and further lower the dividend graph that almost hit the bottom of the trough in 2020. […]
FBN Holdings Kayode Tokede Insiders in fundamental stocks on the Nigerian Exchange Limited (NGX) transacted N32.4billion worth of stocks in 2021, data gathered by THISDAY revealed. The insiders include Managing Directors, Deputy Managing Director, Non-executive Directors, and shareholding firms, among others. The companies whose directors were involved in the transactions include; Nestle Nigeria Plc, Dangote […]
The combined market capitalization of the stocks worth over one trillion (SWOOT) appreciated by 0.86% to close at N15.70 trillion from N15.57 trillion the previous week, reflecting a gain of N134.45 billion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE and MTNN Plc. Stock performance Airtel Africa Plc – N915.00 Airtel […]
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