Browsing: NSE

Equities Investors Gain ₦37.8 bn as Stock Market Opens Positive. Equities investors gain ₦37.8 billion on Monday as the Nigerian Stock Exchange (NSE) opens on a positive note. Buying interest in BUACEMENT (+2.0%), GUARANTY (+1.6%) and FLOURMILL (+10.0%) buoyed the All-Share index 29 basis points (bps) to settle at 24,766.12 points.

AIICO Insurance Gross Premium Increased By 26% to ₦31.9 Billion. AIICO Insurance Plc has reported a Gross Written Premium of ₦31.9 billion for the first half of 2020, representing a 26% increase, compared to ₦25.4 billion recorded in comparable in 2019.

Lafarge WAPCO: Investment Firm Sets 12-month Price Target at ₦26. Chapel Hill Denham, a strongly rated investment firm, has handed a rather bullish recommendation on Lafarge WAPCO stocks as it advice investors to buy.

Cadbury: Analysts Downgrade Stock to Hold after Disappointing Earnings

Bargain Hunting Increases NSE Market Cap, Investors Gain ₦8.2bn. Bargain hunting lifted the Nigerian Stock Exchange market capitalisation as investors’ fortunes rise by ₦8.2 billion on Wednesday.

FIDSON Healthcare Primed for Gains as ‘Virus’ Boosts Earnings. FIDSON Healthcare Plc is primed for more gains as coronavirus outbreak impacts demands, augments sales for healthcare products.

Expected credit loss amid aftermath of the coronavirus outbreak. At transition date in 2018, Deloitte Nigeria in one of its reports faulted application of the International Financial Reporting Standard 9 by the Nigerian Banks.

Investors gain as NSE indicators rise further by 0.75%. Activities on the Nigerian Stock Exchange (NSE) on Wednesday extended gaining streak, with indices rising by 0.75 per cent on renewed investors’ interest.

Bargain Hunting Drives Equities Market Upward by ₦37.3 billion. Bargain hunting lifted the performance of the Nigerian Stock Exchange On Tuesday as the All Share Index gain 30 basis points to close at 24,097.48.

NSE opens negative as investors lose ₦162 billion. The Nigerian Stock Exchange (NSE) opens the week negative as investors lose ₦162 billion while NSE All Share Index shed 1.27% to 24,026.05 points