Nigerian stocks sustain rally, driven by bank shares’ gains
Also helping gains at individual stock level were palm fruit processors Presco and Okomu Oil.
Also helping gains at individual stock level were palm fruit processors Presco and Okomu Oil.
Investors’ risk-on disposition to bellwethers like Dangote Cement, Nigerian Breweries and GTCO helped sustain the momentum of gain that started ...
Year to date, the index is down by 3.39 per cent.
The outlook for stocks in the near time remains gloomy with no dramatic gains anticipated.
Unity led gainers, appreciating by 9.62 per cent to close at N0.57.
That is coming at a time of more attractive yields in the fixed income market.
The index has dwindled 2.53 per cent since January.
Oando features in this week’s pick for trading well below its real value.
Beer maker Nigerian Breweries, Zenith, Fidelity and Champion Breweries contributed the most to the slide.
The all-share index rose 0.07 per cent.
Year to date, the index is down by 1.86 per cent.
Naira closed at N510.00 per $1 at the black market.
Meyer tops the stocks to watch this week on account of the board’s decision to pay an interim dividend of ...
Nigerian stocks posted their biggest return in 17 weeks.
While I agree with Ms. Oji's observation on scant youth participation, I disagree that this lack of participation will lead ...
Oil & gas and insurance indexes returned positive year-to-date returns of the five sector indexes tracked by the exchange at ...
Investment bank United Capital, MTN Nigeria and beer-maker Nigerian Breweries steered gains.
The all-share index edged up by 25.80 points to 38,799.83 and market capitalisation to N20.300 trillion.
The all-share index was down by 234.08 points to 38,697.17 points.
All the key market performance indicators declined.
The market capitalisation, following free fall of stocks, lost N181 billion or 1.27 per cent to close at N14.087 trillion ...
The rout in stocks came after the tech woes had given the Nasdaq its worst day since June 2016.
Unity Bank came second with a growth of 186.78 per cent.
Alpari’s scenario for the next two years is a much bigger correction or maybe even a bear market.
Total Oil recorded the biggest loss, dropping about N10 per share to close at N190 per share.
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