Bears sustain dominance as investors’ wealth slumps further by 0.3 per cent
The dominance of the bears has continued unabated on the equities sector of the Nigerian Stock Exchange (NSE), occasioned by losses in highly capitalised stocks, resulting to a further slide in the All-Share Index (ASI) by O.3 per cent.
Investors shun bank shares despite N720 billion profit
Though the combined profit, in excess of N720 billion, of the five top-tier banks on the Nigerian Stock Exchange (NSE) has remained strong, investors are showing apathy towards banking stocks.
Bulls run pushes market indices further by N58b
The Nigerian equity market trading session extended positive outlook, as investors' wealth increased by N58 billion on high capitalised stocks. Yesterday, the All- share Index (ASI) gained 154.20 absolute points, representing a growth of 0.53 per cent to close at 29,347.62 points. Similarly, the market capitalisation rose by N58 billion to close at N11.023 trillion.…
Dangote Cement, GTB, others lead N44 billion market gain
Equity transactions on the trading floor of the Nigerian Stock Exchange (NSE), sustained rising profile, following price gains by the bellwethers, especially Dangote Cement, and Guaranty Trust Bank (GTB), as market capitalisation appreciated further by N44 billion. At the close of transactions yesterday, the index rose by 111.04 points or 0.36 per cent to close at…
Sell-off drags market index by 0.18 per cent
Following price losses suffered by most blue-chip stocks, transactions on the equity sector of the Nigerian Stock Exchange (NSE) closed on a downturn yesterday, as the All-share index depreciated by 0.18 per cent. Specifically, at the close of transactions yesterday, the All -share index (ASI) was down by 56.80 absolute points, representing a decline of…
Selloff persists as index plummets further by 0.1 per cent
Following price losses incurred by most blue-chip stocks, transactions on the trading floor of the Nigerian Stock Exchange...
Stock exchange’s premium index gets 49 per cent returns in three years
After three years of establishment, the seven listed companies constituting the Nigerian Stock Exchange (NSE) Premium Board Index raised activities on the platform with a 48.53 per cent gain.
NSE indices sustain sliding profile, down by N21 billion
Transactions on the floor of the Nigerian Stock Exchange (NSE), continued on a downward note yesterday, following price losses suffered by most blue chip stocks, causing market capitalisation to dip further by N21billion.
FBN Holdings post N595.4b gross earnings, N47.8b full year profit
For the full year ended December 31, 2017, FBN Holdings Plc has achieved gross earnings of N595.4billion, and Profit After Tax (PAT) of N47.8billion. Specifically, the bank’s audited result showed 2.3 per cent rise in gross earnings to N595.4billion, up from N581.8billion achieved in the corresponding period in 2016. Similarly, the bank’s PAT…
Community support in quest for a better society
Community support is a currency with which organisations can relate with their various stakeholders. It is a means of exchange for something needed. It transcends the hardware, which can be saved in banks and used in market places. Just as it is often physical, it can also be abstract – one that is deposited in…