The equity market on Monday closed lower as the All Share Index depreciated by 0.02% to settle at 47,428.67 points from the previous close of 47,437.48 points. The Market Capitalisation declined by 0.02% to close at N25.561 trillion from the previous close of N25.567 trillion, thereby shedding N6 billion. An aggregate of 1.28 billion units of shares […]
Mixed outlook as stocks may be marked down for dividends The Nigerian stock market has been upbeat since the beginning of the year as it has consistently returned positive Month on Month. Coupled with impressive Q4 results published by quoted firms, the dividend pay-out by some of these companies have also triggered price growth in most stocks.[…]
Trading activities on the floor of the Nigerian Exchange last week closed on a bullish note as investors take position in dividend paying stocks. The All Share Index and Market Capitalisation appreciated by 0.36% week on week to close at 47,437.48 points and N25.566 trillion respectively. An aggregate of 2.798 billion units of shares were traded in[…]