Tag Archives: NSE

Stock Market Heads For Impressive Performance To Close 2017

By Nse Anthony-Uko (Sundiata Finance) – Equities trading on the Nigerian Stock Exchange (NSE) for the month of December began on the positive note, as capital market operators see stocks market record overall impressive performance for the year and a positive December ending. Research has shown that for 13 years, from 1998 to 2016, the month of December on the ...

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Equities Market Gains N67bn On Dangote Cement Stocks

By Nse Anthony-Uko (Sundiata Finance) —  The Nigerian stocks market opened the week on a positive trend on Monday, following the gains recorded in Dangote Cement Plc. The All Share Index (ASI) gained 192 absolute points, representing a growth of 0.52 per cent to close at 37,312.28 points. The market capitalisation appreciated by N67 billion, representing to close at N12.914 trillion. ...

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Nestle Nigeria Posts Impressive Q3 Profits, Offers N15 Interim Dividend

By Nse Anthony-Uko (Sundiata Finance) – Nestle Nigeria has presented its unaudited result for the nine-month ended September 30, 2017, showing remarkably impressive performance, helped by the growth in sales revenue. The Company’s result released to the investing public, Monday showed that profit after tax grew by 4,641 per cent to N22.9 billion profit compared to N484.6 million reported same ...

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Jaiz Bank Grows Post-tax Profit By 629% In Q3

By Nse Anthony-Uko (Sundiata Finance) – Jaiz Bank Plc, on Monday declared profit after tax (PAT) of N776.6 million for the third quarter ended September 30, 2017, representing an increase of 629 per cent when compared with N107.1 million recorded in the corresponding period of 2016. The Bank’s result released on the Nigerian Stock Exchange (NSE) recorded N4.5 billion income ...

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PZ Cussons Posts N123m Loss For Q1

(Sundiata Finance) – PZ Cussons Nigeria Plc reported 92.24 per cent decrease in losses to N123.08 million for the first quarter ended August 31, 2017. The company result released on the Nigerian Stock Exchange (NSE), on Tuesday showed that this was against the loss after tax of N1.59 billion recorded in the first quarter ended August 31, 2016. The company ...

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Equities Market Turns Positive, Gains 1.04% At Midweek Trading

By Nse Anthony-Uko (Sundiata Finance) — The Nigerian equities market, on Wednesday gained 1.04 per cent reversing three day bearish run. In summary, the All Share Index (ASI) gained 361.07 absolute points, representing a growth of 1.04 per cent to close at 35,207.89 points. Similarly, the market capitalisation gained N124 billion, to close at N12.137 trillion. The upturn was impacted ...

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Dangote Cement, 18 Others Lift Stocks Market By 1.42%

Dangote Cement, 18 Others Lift Stocks Market By 1.42% (Sundiata Finance) – Consolidating recovery move, trading activities on the floor of the Nigerian Stock Exchange (NSE) went up by 1.42 per cent following price gains recorded by Dangote Cement and 18 other blue chip companies. In summary, the All Share Index (ASI) gained 503.30 absolute points, representing a growth of ...

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Nigeria Records N1.13trn Equity Trading In 7 Months

By Nse Anthony-Uko (Sundiata Finance) The aggregate value of equity transactions recorded from January to July 2017 increased by 58.05 per cent to N1.129 trillion, up from N714.60 billion in same period of 2016, analysis of transactions for the period ended July 31, 2017 shows. Out of this figure, domestic investors accounted for N638.68 billion or 56.55 per cent; while ...

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NSE Turns Bullish, Index Rises 1.03% At Tuesday Trading

By Nse Anthony-Uko (Sundiata Finance) – The Nigerian equities recorded a positive performance on Tuesday with the Nigerian Stock Exchange All Share Index (NSE ASI) appreciating by 1.03 per cent to close at 36,962.48. The positive performance followed the return of the bulls. The market had opened on Monday with a decline of 0.91 per cent majorly due to price ...

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