Bulls sustain dominance at NSE as indices rises further by N46 billion
The bulls maintained dominance at the end of transactions yesterday, on the equities sector of the Nigerian Stock Exchange (NSE), as market capitalisation appreciated further by N46 billion.
Improved corporate performance lifts market index by N18 billion
Following improved earning performances recorded by some bluechip stocks, the equities market halted its losing streak to reopen in an upbeat at the end of yesterday’s transactions on the floor of the Nigerian Stock Exchange (NSE), causing market capitalisation to inch up by N18 billion.
Transcorp, Japaul Oil lead stock market N4bn gain
Following bargain hunting in some high cap stocks, especially Transcorp, and Japaul Oil, trading on the floor of the Nigerian Stock Exchange..
Wema Bank, Presco, others lead stock market’s N95 billion loss
The bears sustained hold on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, as more blue-chip stocks depreciated in price, especially Wema Bank and Presco, causing the All-Share Index to decline further by 0.01 per cent. Specifically, the All-Share Index shed 3.46 absolute points, representing a dip of 0.01 per cent to close…
Learn Africa, Transcorp, others lead stock market’s N56 billion loss
Transactions on the trading floor of the Nigerian Stock Exchange (NSE) closed on a downward note yesterday, occasioned by sell pressure in some blue-chip stocks, especially Learn Africa and Transcorp Hotel, as market capitalisation depreciated by N56 billion. Yesterday, the All Share Index (ASI) was down by 149.49 absolute points, representing an increase of 0.48…
Transcorp posts N20.6 billion full year profit
Transnational Corporation of Nigeria Plc (Transcorp), has announced its audited results for the year ended 31st December 2018, with a 94 per cent growth in Profit After Tax (PAT) of ₦20.6 billion in 2018 compared to ₦10.6 billion achieved in the corresponding period of 2017. The Group turnover grew by 30 per…
Stock market defies election anxieties, soars by N254b
Despite the political anxieties ahead of Saturday’s presidential and National Assembly elections, the equities market closed higher yesterday, extending its eight consecutive days of bull transition driven by positive sentiments for financial services stocks. Amid tensed atmosphere, investors sustained interest in the shares of companies in the banking sub-sector ahead of others in transactions dominated…
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…
High Cap Stocks gains push stock market indices by N39b
Equity transactions on the equity sector of the Nigerian Stock Exchange (NSE) reopened upbeat yesterday, following price gains recorded by most Highly Capitalised (High Cap) stocks, as market capitalisation rose by N39billion.
Transcorp appoints Owen Omogiafo as executive director
Transnational Corporation of Nigeria Plc (Transcorp), one of Nigeria’s leading conglomerates, has appointed Mrs. Owen Omogiafo as an Executive Director with effect from July 1, 2018.She will in her new role support in driving and delivering on Transcorp’s strategic ....