Transnational Corporation of Nigeria Plc
Indices rebound by 2.09% over renewed stocks’ appetite
Buying interest in the shares of some bluechip stocks drove the local bourse northward for four consecutive days last week, sustaining the positive trend since the beginning of the week.
MTN listing spurs buying interest as indices rise by 0.08 per cent
There was a market rebound on the Nigerian Stock Exchange (NSE) last week, which halted the eighth consecutive sessions of transactional losses. The reversal was occasioned by the listing of 20.35 billion ordinary shares of MTN Nigeria Communications Plc by way of introduction at N90 each on Thursday. The listing rekindled buying interest…
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…
Financial stocks contribute 79.6 per cent to NSE’s turnover
The financial services industry dominated in volume terms on the equity sector of the Nigerian Stock Exchange (NSE) with 1.169 billion shares valued at N10.241 billion in 12,697 deals, thus contributing 79.59 per cent to the total equity turnover volume.