STOCKS

Posted on December 29, 2016 by Onome Ohwovoriole

Linkage Assurance Plc Awards Catering services Worth N46.7 million To Director

Nairametrics| After almost a year of delay, Linkage Assurance Plc released its audited financial statements for 2015. The results were published today on the NSE website. The company posted a fantastic result with increases in gross premium written, as well as a 58% increase in profit after tax from 324.9 million naira in 2014 to Read More

Posted on June 2, 2016 by Editor

Federal Government Plans to Inject N6.5b Into Capital Market

Chairman, Senate Committee on Capital Market, Senator Isiaka Adeleke has disclosed that plans are on by the Federal Government to inject N6.5 billion into the Capital Market. He made this disclosure on Wednesday, at a joint press briefing of the Senate and House of Representatives Committees on Capital Market. While speaking at a stakeholder’s forum, Read More

Posted on May 28, 2016 by Nairametrics

Nigerian Stocks: Summary of Trading Today (27/5/2016)

Nigerian stocks closed trading in a positive note as the all share index rose 0.09%. Market capitalization at the close of trading was N9,926,460,233,535.90. Highlights of today’s trading session. NSE All Share Index 28,902.25 up 0.09% Market capitalization closed at N9.9 trillion. Volume of shares traded was 621,445,768.00 units Top Trades Company (By Volume) Volume Read More

Posted on May 27, 2016 by Chris PEMU

[Judgment Day] SEC Slams 20 Years Ban On Okumagba, Edozie

The Securities and Exchange Commission (SEC) on Thursday banned Managing Director of BGL Plc, Albert Okumagba and his deputy, Chibundu Edozie from operating in the capital market for 20 years. They were both given the axe based on complaints SEC had received from investors against Okumagba and his company over failure, refusal and or/neglect to Read More

Posted on May 25, 2016 by Nairametrics

Nigerian Stocks: Summary of Trading Today (25/5/2016)

Nigerian stocks closed trading in a positive note as the all share index rose +3.78%. Market capitalization at the close of trading was N9,706,088,326,414.30.   Highlights of today’s trading session. NSE All Share Index 28,260.61 up 3.78% Market capitalization closed at N9.7 trillion. Volume of shares traded was 474,402,882.00 units Top Trades Company (By Volume) Read More

Posted on August 29, 2015 by Editor

Chinese Shares Continue Recovery

Chinese shares extended their recovery on the last day of a volatile week which started with shock losses that spread fear to global markets. The mainland’s benchmark Shanghai Composite was up by 1.1% at 3,123.04 points in early trade. With these gains adding to Thursday’s recovery, investors hope that the panic and sell-off has died Read More

Posted on August 25, 2015 by Oil Price Intel

As China Disappoints, All Eyes Are Once Again Turning To Riyadh

The worldwide stock market crash on August 24 – dubbed “Meltdown Monday” – was the worst sell off for many indices in years. The turmoil was led by China, whose Shanghai Composite sank 8.5 percent on August 24, followed by an additional 7.6 percent loss the next day. Stock markets across Asia, Europe, and the Read More

Posted on August 18, 2015 by Editor

NSE Says 379 Investors Lost N1.69bn To Fraudulent Activities

The Nigerian Stock Exchange, NSE, yesterday said that a total of N1.69 billion was filed as claims by 379 investors who suffered pecuniary losses in the course of their transactions on the Nigerian Stock Exchange, NSE following the reconstitution of the Board of Trustees of the Investors Protection Fund, IPF, since the last two years. Read More

Posted on May 10, 2015 by Nairametrics

These 4 stocks will be marked down for dividends this week

The following stocks (below) are scheduled to be marked down for dividends this week. Stocks are typically marked down on the day of closure of the register. For a shareholder to be qualified to receive dividends, they must own shares in the company at least before the closure of register and not after. Company Dividend Read More

Posted on March 28, 2015 by Nairametrics

Market Wrap: How Nigerian Stocks ended election week on a bounce

Contrary to our expectations, the equities market traded positive for the week, as earning releases cum corporate actions flowed into the market.The NSE All-Share Index and Market Capitalization appreciated by 4.19% and 5.41% respectively to close on Friday at 30,562.93 and N10.319 trillion. Volume and value of transactions also surged by 81.53% and 100.08% in Read More

Posted on March 23, 2015 by Nairametrics

Analysis: Buy, sell or hold PZ Cussons Nigeria Plc @N24?

PZ Nigeria Plc announced it proposed a dividend payment of 20 kobo per share payable to shareholders who own shares in the company as at March 30, 2015. Does this announcement suddenly make the shares attractive? We will utilize a simple dividend valuation model in deciding. Dividend Yield – PZ closed trading Monday at N24.43 Read More

Posted on January 26, 2015 by Nairametrics

Stocks To Watch This Week 26-30/1/2015

This is shaping up to be a very volatile week for the Nigerian economy and Nigerian stocks as the markets react to the huge depreciation of the naira and politicians continue to heat up the polity with electioneering. As usual, Nigerian stocks will bear the brunt again with some gaining and others losing. We have Read More

Posted on December 14, 2014 by Nairametrics

Nestle & These Other 19 Nigerian Stocks Are Now Trading At Their Lowest Price In One Year

As we enter another crucial week for Nigerian stocks we decided to make a list of 20 important stocks that are trading at their cheapest in an at least on year. The stocks are all currently trading at their one year lows and between 20% to 67% discount from their year highs. Whilst we cannot Read More

Older Posts