NGX: Market capitalisation gains N42 billion

NGX: Market capitalisation gains N42 billion

Nigerian Exchange [Photo Creadit: Business Live Nigeria] Gains recorded by some large and medium capitalised stocks on Thursday lifted market capitalisation by N42 billion. The stocks include Oando, UACN, Jaiz Bank and R.T Briscoe. Specifically, the market capitalisation rose to N25.527 trillion, representing an increase of 0.16 per cent from the N25.485 trillion on Wednesday. […]

Losses in BUA Foods, 20 others dip capitalisation by N79 billion

Losses in BUA Foods, 20 others dip capitalisation by N79 billion

The Nigerian equities market sustained a sliding profile at yesterday’s transactions, occasioned by losses in the shares of BUA Foods and 20 others, causing market capitalisation to dip further by N79 billion. Yesterday, the All-Share Index declined by 146.15 per cent, representing a decrease of 0.31 per cent, to close at 47,057.24 points. Similarly, the […]

MTN, TotalEnergies, Julius Berger top stocks to watch this week

MTN, TotalEnergies, Julius Berger top stocks to watch this week

The pace at which corporate results for the 2021 financial year were released gained new intensity last week, and the performances of some companies were strongly remarkable attractive enough for investment. At this time of the earnings season when performance is varied and mixed across sectors, analysts advise that investors watch out for stocks with […]

Presco Plc gains N9.5 billion in market value in one day, closes at N104.50 per share

Presco Plc gains N9.5 billion in market value in one day, closes at N104.50 per share

At the end of today’s trading session, Presco Plc’s share price appreciated by 10.00% to close at N104.50 per share, taking the market capitalization from N95.00 billion to N104.50 billion. Presco Plc recorded a gain in share price which can be attributed to investors’ positive sentiment which triggered buy-interests in the shares of the company […]