Market sentiment breadth closed at par with 23 gainers and losers [Reuters/Akintunde Akinleye] The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks. Specifically, the market capitalisation rose by N334 billion or 1.74 per cent to close at N19.570 trillion compared with N19.236 trillion […]
STOCK The nation’s bourse closed for the last trading day in November with a growth of 0.45 per cent following price appreciation posted by Airtel Africa and 16 other stocks. Specifically, the All-Share Index on Monday rose by 156.63 points or 0.45 per cent to close at 35,042.14 compared with 34,885.51 achieved on Friday. Also, […]
Stock Market The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks. Specifically, the market capitalisation rose by N334 billion or 1.74 per cent to close at N19.570 trillion compared with N19.236 trillion achieved on Friday. Also, the All-Share Index which opened at 36,804.75 […]
Unity Bank Nigeria Plc has projected a decline in its Profit After Tax (PAT) to N312 million for the first quarter of 2021 (Q1 2021), indicating a decline of 42.6% from the figure recorded in Q3, 2020 . This is according to the latest earnings forecast of the firm, sent to the Nigerian Stock Exchange […]
Market breadth was positive with 29 stocks gainers in contrast with 14 losers [Reuters/Akintunde Akinleye] The Nigerian equities on Tuesday, extended its positive momentum with the market capitalisation increasing further by N199 billion, as investors stepped -up bargain-hunting ahead of 2021. Specifically, the market capitalisation rose by N199 billion or 1.09 per cent to close […]
The nation’s bourse closed for the last trading day in November with a growth of 0.45 per cent following price appreciation posted by Airtel Africa and 16 other stocks. Specifically, the All-Share Index on Monday rose by 156.63 points or 0.45 per cent to close at 35,042.14 compared with 34,885.51 achieved on Friday. Also, the […]
The provisions for loan losses by commercial banks in the country have continued to drop, thereby raising hopes of higher returns on investments for shareholders, THISDAY has learnt. Loan loss provisions had in 2016 and 2017 financial years impacted negatively on the bottom-lines of many banks due to the devaluation of the naira and difficult […]
Chika Amanze-Nwachuku Eighteen stocks, including six financial institutions-Unity Bank Plc, Fidelity Bank, First City Monument Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Plc and Wema Bank Plc dominated losers’ chart at yesterday’s trading on the Nigerian Stock Exchange (NSE). Other equities on the losers’ chart were Transcorp Plc, Cadbury Plc, May and […]
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 […]
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 […]
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