The market indices of the Nigerian Stock Exchange depreciated by 0.21 per cent on Thursday due to price losses by some major blue chips, especially listed cement companies. The All-Share Index, which opened at 28,501.21, depreciated by 59.83 points or 0.21 per cent to close at 28.441.38. Also, the market capitalisation dropped by N19 billion [...]
Nigeria’s Stock Exchange continued its upward trend in the first day of 2013, just like it ended 2012. The market capitalisation appreciated by N135 billion, crossing the N9trillion threshold to close at N9.109 trillion. A total of 175.98 million shares worth N1.9 billion were traded in 2,802 deals. This was against the 215.58 million shares [...]
Market capitalization on the Nigerian Stock Exchange (NSE) appreciated the first day of trading after the holidays, as some blue chips ended up with appreciable price gains. The market capitalisation closed at N8.862 trillion from the N8.737 trillion recorded on Monday. The All-Share Index, which opened at 27,346.65, appreciated by 391.04 points or 1.4 per [...]
Turnover of shares traded on the Nigerian Stock Exchange dropped by 235.6 million shares on Friday as investors exchanged 228.6 million shares worth N2.1 billion in 4,193 deals. This was against the 464.23 million shares valued at N3.7 billion traded in 4,879 deals on Thursday. The All-Share Index, however, appreciated by 22.03 points or 0.08 [...]
Clement Oriloye The value of bond investment at the nation’s capital market has been put at over N7.2tn.This disclosure was made by Mr.Malcolm Gilroy,Global Head,Sales and Trade ,Dunn Loren Merrifield,a major player in the market. Speaking at a forum the company organised for capital market correspondents in Lagos today on the topic ”-Opportunities in the [...]
First bank Plc, Lafarge Wapco, Stanbic-IBTC, Total and the conglomerate UACN have all posted higher profits in their third quarter results submitted to the Nigeria Stock Exchange today. First Bank reported 46 percent jump in gross earnings for the period, buoyed by high interest income of N202 billion. According to its statement, the banking group [...]
Guaranty Trust Bank plc, Nigeria’s most priced banking stock on the Nigeria Stock Exchange has released its unaudited third quarter income statement, showing significant increases in gross earnings, gross profit and PAT. Gross earning increased in the quarter from N126.8 billion to N154.6 billion, a rise of 22 per cent. And gross profit at N75.5 [...]
