SEC warns against infractions in capital market
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has stated that the Commission will enforce the full extent of the law against individuals and entities that engage in activities that violate established regulations in the capital market.
Nigerian Stock Exchange: Consolidated Hallmark, FAN lead losers
Insurance companies and other equities that have been weighed down by the Nigerian Stock Exchange, NSE, new par value rule policy, which now allows stocks to trade at one kobo, continued their downward movement this week.
NSE: FBN Holdings, Wapic Insurance lead N155bn gains
The uptrend on the Nigerian Stock Excision, NSE, entered the second day today following gains in 29 companies, particularly FBN Holdings Plc, Wapic Insurance Plc, Dangote Sugar refinery Plc and other highly capitalised stocks.
Nigerian Stock Exchange: Investors lose N369bn as 40 companies record price losses
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.
NSE consolidate losing streak as Eterna, Equity Assurance lead losers
The downtrend in the stock market, which started in the equities last week, continued today as a total of 36 companies recorded price losses.
More companies flout NSE’s post listing requirements
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.
Forex: CBN injects $325.64m into SMIS
The Central Bank of Nigeria (CBN) has injected $325.64 million into the Retail Secondary Market Intervention Sales (SMIS).
Nigerian Stock Exchange: Skye Bank, Hallmark Insurance top losers
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 […]
Nigerian Stock Exchange: Investors lose N122bn as 40 equities decline
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.
Hallmark Insurance, Skye Bank losses depress NSE’ capitalisation
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.
More insurance firms record price losses as investors lose N135bn
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.
