Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.13% to 26,536.21 IndexPoints and N12.808 Tr respectively. Year-to-Date ASI is still at a Negative of 57%. Volume and Value of trade both decreased by 51.41% and 53.40% to 155.347 Million Volume of trade and N1.432…
UACN Cost Impediment a drag on Firms Profitability strive UACN is the second market player in the conglomerate sector of the NSE classification a position ascribed to the firm on the basis of its Total Asset and Equity as at 31st December, 2018 (Total Asset :Transcorp-68% & UACN-28% & Equities: Transcorp-56% & UACN -40%). Although…
Equities Market The Nigerian equity Bourse experienced a slight contraction at the end of today’s trading as the NSE ASI and Market capitalization both declined marginally by 0.43% to end the trading day at 27,306.81Index points and N13,307.16Tr respectively. Year-to-Date ASI is at a Negative of 13.12%. Volume and No of trades both inched higher…
The shareholders of Lafarge Africa Plc on Tuesday approved the proposal by the company to raise N90 billion via a Rights Issue and the restructuring of its outstanding short term $315 million shareholder loans. With its ambition to grow in Nigeria, Lafarge Africa decided to raise additional capital. And at an extra-ordinary general meeting (EGM)…
Equities Market The Nigerian equities market, resuscitated from previous day lost position, as both NSE ASI and market capitalization appreciated significantly by 2.04% respectively, as they both closed at 33,114.44 points and N12,089tr respectively, at today’s trading activity. Year-to-Date ASI is at a negative of 13.46%. Volume and No of trades both increased by 17.00%…
Equities Market The Nigerian equities market, open the new trading week on low at today’s trading activity. Both NSE ASI and market capitalization decreased by 0.27% respectively, as they both closed at 32,451.27 points and N11,847.22tr respectively. Year-to-Date ASI is at a negative of 15.19%. Volume and Value of trades both decreased by 63.59% and…
