A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
As the bearish trend in the equities market continues, investors in the Nigerian Stock Exchange, NSE, today lost N369 billion as 40 companies suffered price losses.
Read More The downtrend in the stock market, which started in the equities last week, continued today as a total of 36 companies recorded price losses.
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THE number of companies flouting the post listing requirement of the Nigerian Stock Exchange, NSE, regarding timely disclosure of financial performance rose by 37.5 percent in 2017, prompting shareholders to call for sanctions on directors of the companies.
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The Central Bank of Nigeria (CBN) has injected $325.64 million into the Retail Secondary Market Intervention Sales (SMIS).
Read More Losses in Skye Bank Plc and Hallmark Insurance Plc and 24 other companies today further depressed the equities market. At the close of trading, investors lost yet another N43 billion, bringing the equities capitalisation to N15.548 trillion from N15.624 trillion. Specifically, Skye bank Plc which led the losers went down y 8.93 percent to close
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The downward movement in the equities market continued into the third day today in the week as investors lose another N122 billion spiked by depreciation in the price of 40 companies.
Read More Losses sustained by 48 quoted companies led by an insurance name, Hallmark Insurance Plc, Skye Bank Plc, Transcorp Plc, FBN Holdings Plc and AG Leventis today resulted in further loss of N138 billion in the equities capitalisation.
Read More Shares of insurance companies have continued to shed weight following the implementation of the new pricing rule by the Nigerian Stock Exchange, NSE, resulting in loss of N135 billion in investors’ investment.
Read More Activities in the Nigerian Stock Exchange, NSE, closed upbeat this week following sustained interest in the shares of some mid- cap stocks, particularly the banking stocks. Breakdown of the week’s transaction showed that 49 emerged gainers higher than 30 of the previous week led by Aiico Insurance Plc, Unity Bank Plc, Wema Bank Plc, C&I
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The shares of insurance companies today continued a free fall following the implementation of the new pricing rule by the Nigerian Stock Exchange, NSE. The new pricing rule will see the prices of over one third of the quoted companies falling to as low as one kobo after the initial floor price of 50 kobo
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