Tag Archives: Nigerian Stock Exchange

Japaul Oil and Maritime Services Plc remained the investors toast throughout this week as its share price rose by whopping 53.97 percent to lead 44 other equities that recorded price gain. The company had started enjoying investors patronage after it announced a $350 million financing deal from Milost Global, a private equity firm based in New York. The chairman of ...

Many penny stocks posted price depreciation on the Nigerian Stock Exchange  (NSE) for the month of February, with Consolidated Hallmark emerging the worst performing stock in percentage terms. The stock, which opened trading for the month at 50k, lost 48 per cent to close at 26k per share, due to exchange new pricing method. Data obtained from the NSE indicated ...

The Nigerian Stock Exchange has upgraded United Bank for Africa PLC and Access Bank PLC to the NSE premium board, joining Dangote Cement PLC, FBN Holdings Plc and Zenith Bank PLC. Meanwhile, the Nigerian bourse started the week on a positive note, as the All-Share Index advanced marginally by 0.02 per cent. The year-to-date return was thus pushed higher to ...

Some blue chips maintained upward movement on the Nigerian Stock Exchange (NSE) on Thursday with Nigerian Breweries leading the gainers’ chart. The Nigerian Breweries led gainers’ table with a gain of N2.40 to close at N131.40 per share. Dangote Cement followed with a gain of N1.50 to close at N259.90, while Lafarge Africa gained N1 to close at N52 per ...

Activities on the Nigerian Stock Exchange (NSE) rebounded on Wednesday after dropping for eight-consecutive days with the market indicators improving by 1.11 per cent. The the All-Share Index appreciated by 463.65 points or 1.11 per cent to close at 42,171.80, compared to 41,708.15 posted on Tuesday. Also, the market capitalisation closed higher at N15.133 trillion as against N14.967 trillion achieved ...

The number of companies flouting the post listing requirement of the Nigerian Stock Exchange (NSE) regarding timely disclosure of financial performance rose by 37.5 percent in 2017, prompting shareholders to call for sanctions on directors of the companies. Financial Vanguard investigations revealed that the number of companies that failed to disclose their interim and audited financial performance under the minimum listing ...

Nigerian equities dropped further for the fifth consecutive day on the Nigerian Stock Exchange (NSE) with the market indicators dropping by 0.46 per cent. The All-Share Index shed 198.97 points or 0.46 per cent to close at 43,127.92 as against 43,326.89 recorded on Thursday. The market capitalisation lost N74 billion or 0.46 per cent to close at N15.476 trillion compared ...

Sterling Bank lifted volume of shares traded on the Nigerian Stock Exchange (NSE), on Thursday, with 1.75 billion shares worth N3.84 billion achieved in bearish trading. The News Agency of Nigeria (NAN) reports that the volume of shares traded closed higher with 2.22 billion shares worth N7.49 billion in 5,468 deals majorly due to Sterling Bank’s activity. This was against ...

Skye Bank has emerged the best performing stock in January, with a growth of 194 per cent in spite of not presenting its financial reports for two years.

The Nigerian Stock Exchange (NSE) has introduced a new pricing methodology and par value rule, which have been approved by the Securities and Exchange Commission (SEC).  The rules, which became effective on January 29), specified the revised price limit, price movements and tick sizes that the price floor, minimum pricing increments and minimum quantity to be traded that will change the ...