NSE indices extend losses by N94 billion
The bears maintained dominance at the end of yesterday’s transactions on the equity sector of the Nigerian Stock Exchange (NSE), following price losses incurred by most highly capitalised stocks, as market capitalisation depreciated further by N94 billion.
Bearish hold force market index down by N32 billion
Following price losses recorded by most bluechip companies, equity transactions reopened on a bearish note yesterday, causing market capitalisation to plummet by N32 billion.
Stock market’s indices dip further by 0.5%
Equity transactions sustained sliding profile for the fifth consecutive trading sessions, occasioned by heavy profit taking, causing the All-Share Index (ASI) to plummet further by 0.5 per cent. Specifically, at the close of transactions yesterday, ASI shed 162.52 absolute points, representing a decline of 0.48 per cent to close at 33,449.17 points, while the market…
Renewed sell pressure pulls stock market index by 1.09%
Renewed sell pressure on the trading floor of the Nigerian Stock Exchange (NSE), yesterday, reversed four-days bullish run, causing the All-share index to dip by 1.09 per cent.
Nigerian Breweries H1 2018 profit slides by 22 per cent
Nigerian Breweries Plc has attributed a 22 per cent slide in profit to the new excise duty regime and higher tax on beer introduced by the Federal Government in June 2018, which impacted on affordability.
NB to reward journalists with N2m, other prizes at golden pen awards
The Nigerian Breweries (NB) Plc will be rewarding journalists with cash prizes of up to N2 million and other gift items at this year’s 10th edition of its Golden Pen Reporter of the year awards.
Stock market rebounds, indices up by N47 billion
Equity transactions on the trading floor of the Nigerian Stock Exchange rebounded from 12-day downtrend yesterday, as most blue-chip stocks appreciated in price, causing market capitalisation to increase by N47 billion.
Nigerian Breweries celebrates distributors, trade partners at award ceremony
The 2018 edition of the Nigerian Breweries distributors’ award ceremony was used to celebrate prominent distributors and trade partners of the premier brewer firm.Nigerians Breweries rewarded winners with brand new Mitsubishi vans....
NB, Dangote Cement, others lift NSE index by 1.03 per cent
Following price gains recorded by major highly capitalised stocks especially Nigerian Breweries, and Dangote Cement, transactions on the equity sector of the Nigerian Stock Exchange (NSE), continued in upbeat yesterday, as the All-share index appreciated by 1.03 per cent. Yesterday, Nigerian Breweries led the gainers' table with a gain of N2.40 to close at N131.40…