Investors reposition for interim dividends as financial stocks dominate trading
Although transactions on the Nigerian Exchange Limited (NGX) reopened on a bearish note, repositioning for interim dividend-paying banking stocks fueled activities last week.
VAT, multiple taxations undermine stock market performance
Barely two years after the resumption of Value Added Tax (VAT) to the stock market, investors have returned about N30 billion into government coffers. The amount includes the 10 per cent withholding taxes...
Investors reposition ahead of half-year earnings
Renewed bargain-hunting ahead of the half-year earnings season spurred activities on the equities sector of the Nigerian Exchange Limited (NGX), last week, as investors have begun to take a position in undervalued stocks.
Rising yields in money market dampen appetite for stocks
The upward retracement in yields in the fixed income market has continued to dampen investors' interest inequities as the bearish performance in the Nigerian Stock Exchange (NSE) extended to a third consecutive week.
Persistent lull in money market lifts exchange's index by 2.19%
Following the continued crash in money market rates and low yields in the fixed income market, the reign of the bulls remained unabated on the equity market as the Nigerian Stock Exchange (NSE) All-Share Index....
Stock market defies unrest, closes flat
Despite continued #EndSARS protest in major cities of the country, the Nigerian Stock Exchange (NSE) closed flat yesterday as investors repositioned for the third quarter result release.
NSE market capitalisation hits N15tr as investors gain N708 billion
Market capitalisation of the Nigerian Stock Exchange (NSE) hit the N15tr mark yesterday, as investors jostled for higher capitalised stocks, amid expectation of market rebound.
Investors repositioning for interim dividend pay out
Investors are currently repositioning for interim dividend-paying banking stocks, as the half-year (H1) scorecards continued to spur transactions on the equities sector of the Nigeria Stock Exchange ..