The much anticipated Audited Financial statements of quoted companies started hitting the the Nigerian stock market last week. Interestingly most these stocks have surprised the market by increasing their dividend pay-out as against the previous year; while some retained what they paid the previous year. The following stocks released their audited reports last week: Zenith Bank, Dangote […]
The Nigerian stock market last week closed on a negative note, occasioned by profit taking by investors. The All Share Index and the Market Capitalisation declined by 0.13% week on week to close at 47,268.61 points and N25.475 trillion respectively. An aggregate of 1.374 billion units of shares were traded in 28,809 deals, valued at N23.786 billion.[…]
The Nigerian Stock Market on Friday extended its loses to three straight sessions as the All Share Index dipped by 0.06% to close at 47,268.61 points from the previous close of 47.296.07 points on Thursday. Market Capitalisation declined by 0.06% to close at N25.475 trillion against Thursday’s close of N25.490 trillion, shedding N15 billion. The aggregate volume[…]