Equities defy earnings’ scorecards as investors lose 0.32% in one week
Despite the 2019 third quarter (Q3) financial results so far released by some listed companies, the bearish trend that had dominated the market in recent times continued unabated last week.
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…
Stock market reopens bearish, indices down by N16 billion
Following renewed profit taking by investors on the Nigerian Stock Exchange (NSE), equity transactions reopened for the week on a downward note, causing market capitalisation to dip by N16 billion. Specifically, at the close of transactions yesterday, the NSE-ASI was down by 43.98 absolute points, representing a dip of 0.14 per cent to close at…
PSN commends Fidson Healthcare on local drug manufacturing, ultra modern facility
The Pharmaceutical Society of Nigeria (PSN) has commended Fidson Healthcare on giant strides the company is making in local manufacturing of essential medicines. President PSN, Ahmed Ibrahim Yakasai, who led a powerful team of some National Executive Council (NEC) members of the Society to a familiarization visit of reportedly the biggest pharmaceutical manufacturing plant in…
FIDSON rewards brilliant kids in Lagos
FIDSON Healthcare Plc, has rewarded outstanding students in Lagos through its Astymin Brilliant Reward (ABR), project.