Ownership of oil palm giant Presco returns to Nigeria after 33-year Belgian control
Presco is the country’s biggest fully integrated agro-industrial palm processor, according to GCR Ratings.
Presco is the country’s biggest fully integrated agro-industrial palm processor, according to GCR Ratings.
Traders ignored impressive half-year earnings of Presco and FBN Holdings as they put huge volumes of both firms’ shares to ...
Sell-offs in the shares of MTN Nigeria and oil palm processor Presco drove the pullback.
The market appears to have entered correction territory after shedding 0.22 per cent last week.
The selection, a product of analytical market watch, offers a guide to entering the market and taking strategic positions in ...
Blue chip stocks including cement-maker WAPCO, Presco, Okomu Oil and Flour Mills drove the climb in a session during which ...
Helping gains were Okomu Oil, International Breweries, Cadbury and Presco.
Until Tuesday, the bourse had been on a rally since April 32, buoyed by an unusually strong investors’ sentiment, and ...
Consumer goods shares were the toast of investors as heavyweights like Nigerian Breweries, International Breweries and Presco as well as ...
The all-share index added 709.5 basis points to close at 50,836, while market capitalisation jumped to N27.4 trillion.
FBN Holdings led the march, supported by Nestle, Nigerian Breweries, United Capital and Presco.
TotalEnergies also makes the selection for presently trading lower than its intrinsic value.
The all-share index tapered by 49.88 basis points to 47,279.92, and market capitalisation to N25.5 trillion.
BUA Cement, PRESCO and Fidson also make the cut.
The agricultural and crop production company saw a profit after tax rise to N7 billion for the full year 2020.
Also helping gains at individual stock level were palm fruit processors Presco and Okomu Oil.
The all-share index was 9.84 points up at 38,927.83 just as market capitalisation rose to N20.3 trillion.
The all-share index advanced by 0.15 per cent.
Transcorp contributed 41 per cent of the entire volume, which stood at 387.2 million.
Equities fell by 1.81 per cent.
The All-share index lifted 0.09 per cent.
Market breadth was negative, making 26 losers to emerge relative to 19 gainers.
Year to date, the index is down by 2.2 per cent.
The Insurance Index was the biggest advancer of the five sectorial indices, increasing by 4.14 per cent to 243.75 index ...
The All-Share Index (ASI) rose by 261.12 points or 1.09 per cent to close at 24,202.87 against 23,941.75 recorded on ...
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All content is Copyrighted © 2024 The Premium Times, Nigeria