FBN Holdings Plc
NSE woos other networks as MTN lists shares
Hope for increased market liquidity on the Nigerian Stock Exchange (NSE), brightened yesterday, when the local...
No respite for stock market as index falls further by 0.63%
Pressure from sell-off, which persisted at the end of last week’s transactions on the trading floor of the Nigerian Stock Exchange (NSE), sustained hold on the All-Share Index (ASI) and market capitalisation, as both depreciated by 0.63% and 0.58% to close the week at 30,672.79 points and N11.204 trillion respectively. Analysts, however, said the current…
Financial stocks lift NSE’s volume by 84.7 per cent
The financial services industry emerged the most active sector in volume terms at the end of last week’s transaction on the Nigerian Stock Exchange.
‘Why investors should raise stakes on African economy’
Despite the socio-economic challenges in the continent, the Chairman, Honeywell Group and FBN Holdings Plc, Dr. Oba Otudeko has said that fundamentals of the African economy remain strong and entrenched.
UBA, Access Bank, others lift NSE’s turnover by N12.9 billion
Heavy transactions in the shares of some banks, especially United Bank for Africa (UBA) Plc and Access Bank, last week, lifted the volume of shares traded, as a turnover of 1.375 billion shares worth N12.940 billion were recorded in 16,915 deals.
NSE records N10.7 billion transactions in one week
The Nigerian Stock Exchange (NSE), last week, recorded a turnover of 1.361 billion shares worth N10.711 billion in 16,070 deals last week, in contrast to a total of 1.185 billion shares valued at N13.033 billion that changed hands in 18,548 deals during the preceding week.
FBN Holdings records N35.9b PAT in half year
FBN Holdings Plc has recorded a Profit After Tax (PAT) of N35.9 billion in its half-year performance, representing 10.5 per cent decline compared to N40.1 billion achieved in the corresponding period of 2015.
Investors stake N9.3b equities in one week
The Nigerian Stock Exchange recorded a turnover of 1.350 billion shares worth N9.287 billion in 18,679 deals last week.This volume of shares traded was, however, lower than a total of 1.149 billion units, valued at N13.616 billion that changed hands in 21,868 ...
Financial stocks contribute 79.6 per cent to NSE’s turnover
The financial services industry dominated in volume terms on the equity sector of the Nigerian Stock Exchange (NSE) with 1.169 billion shares valued at N10.241 billion in 12,697 deals, thus contributing 79.59 per cent to the total equity turnover volume.
Financial stocks contribute 81.5 per cent to NSE’s turnover
Following the financial service sector, last week, was the conglomerates Industry with 59.433 million units worth N99.619 million in 762 deals.