Tag
PRESCO
NGX has fined thirteen quoted companies N90.690 million for failure to file their quarterly interim financial statements after the due date.
The Nigerian Exchange Group closed negative amidst buy-interests and sell-offs as bears dominated proceedings, weighing down the broad market by 32 basis point.
It appears Presco's next step is to address its rising debt portfolio which could mean a possible rights issue or injection of capital from its majority shareholders.
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 13 basis points.
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 98 basis point.
Our stock pick is based on stocks found to be undervalued with good upside potential, high earnings growth potential and lower risk.
Presco’s share has rallied as investors react to the news of the proposed acquisition of SIAT Nigeria Limited (SNL).
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 19 basis point.
Market breadth closed positive as SEPLAT led 18 Gainers as against 10 Losers topped by CHAMPION
Nigerian bourse continued its bullish run in three days consecutively.
The price appreciation of some banking stocks and some blue-chip stocks traded on the floor of NSE last week influenced the return of the bulls.
Stocks on our Buy/Sell/Hold list are picked from the gainers and losers of the previous week.