Stanbic IBTC Holdings
CCNN, Ikeja Hotel lead stock market 0.6% gain
Bargain-hunting in some blue chip stocks especially Cement Company of Northern Nigeria (CCNN), and Ikeja Hotel Plc, lifted the Nigerian Stock Exchange (NSE) All-share index further by 0.6%. Specifically, at the close of trading yesterday, the All-share Index (ASI), rose by 172.74 absolute points, representing an increase of 0.58 per cent to close at 30,137.53 points. …
Stock market indices sustain sliding profile, down by N111 billion
The equity market extended the losing streak for the second trading day of the year as indices plunge further by N111 billion. At the close of trading yesterday, the All- share index (ASI) shed 298.74 points, representing 0.96 per cent for depreciation to close at 30,771.32 points. Similarly, the market capitalisation shed N111 billion at…
Stock market resumes December trading with N27b losses
For the first trading day in December, the Nigerian equities market closed lower at the end of Monday’s transactions, occasioned by price losses in medium and highly capitalised stocks, as market capitalisation fell by N27 billion.
Fresh bargain hunting lifts stock market indices marginally by N3 billion
Renewed bargain hunting on highly capitalized stocks triggered activities on the equity sector of the Nigerian Stock Exchange (NSE) yesterday...
Stock market reopens bullish, index rises marginally by 0.2%
As the coast becomes clearer following last week’s emergence of candidates for various offices at the party level, activities in the equities sector of the Nigerian Stock Exchange (NSE) witnessed some level of stability at the end of transactions yesterday, causing the All-share index ...
Stock market indices plunge by N55 billion
Equity transactions on the floor of the Nigerian Stock Exchange (NSE), closed on a downward note yesterday, occasioned by losses recorded by most bluechip stocks, as market capitalisation shed N55 billion. Yesterday, the All -share index (ASI) was down by 151.17 absolute points, representing a decrease of 0.46 per cent, closing at 32,963.27 points. Similarly,…
Sell pressures hit hard on nation’s bourse, indices drops further by N111 billion
Following sustained profit-taking by investors on the Nigerian Stock Exchange (NSE), equity transactions continued on a downward glide yesterday, as market capitalisation dipped further by N111 billion.
Equity market depreciates 0.77% on banks’ stocks slump
Central Bank of Nigeria (CBN) huge fines on four deposit money banks over alleged illegal fund repatriation on behalf of MTN Nigeria weighed heavily on the local bourse yesterday, causing the All-share index to slide by 0.77 per cent. The Nigerian Stock Exchange-All Share Index (NSE-ASI) decreased by 272.27 absolute points, representing a 0.77 per…
Stock market investors lose N11billion on trading floor
Continued share price depreciation on the equity sector of the Nigerian Stock Exchange (NSE), yesterday pulled the market capitalisation further down by N110 billion.
Shareholders endorse Stanbic IBTC’s dividend payout
Shareholders of Stanbic IBTC Holdings Plc have approved the bank’s total dividend, culminating to per share due to every investor of the bank for the 2017 financial year. The shareholders also lauded the bank for the improved performance recorded during the year under review and adherence to corporate governance principles.