Access Bank, NPF Microfinance Bank, Cornerstone Insurance top stocks to watch this week

Access Bank, NPF Microfinance Bank, Cornerstone Insurance top stocks to watch this week

The Nigerian equity market was down by 0.33 per cent last week as traders’ hunt for yield depressed the main stock index even though there was a couple of strong corporate results that could have put stocks in further advance. This week, promising earnings scorecards are expected from companies like Fidelity Bank, Transcorp and NPF […]

Equities rebound as gains in 20 stocks lifts indices by N6 billion

Equities rebound as gains in 20 stocks lifts indices by N6 billion

Gains recorded by many blue chip stocks lifted the Nigerian equities market yesterday, as market capitalisation appreciated by N6 billion. Yesterday, market capitalisation of listed equities increased by N6 billion to N24.755 trillion from N24.749 trillion reported on Monday. Also, the All-Share Index (ASI) appreciated by 11.24 basis points from 45928.27 points traded on Monday […]

Gains in BUA foods, 27 stocks lift capitalisation further by N28 billion

Gains in BUA foods, 27 stocks lift capitalisation further by N28 billion

Transactions on the equities sector of the Nigerian Exchange (NGX) market capitalisation increased by N28 billion yesterday, amid sustained bargain hunting in BUA foods and 27 stocks. Specifically, the All-Share Index (ASI) increased by 42.71 absolute points, representing a growth of 0.10 per cent to close at 43,897.13 points. Similarly, the overall market capitalisation size […]