10

May

Market grows further as NGXASI closes higher by 1.90%

Activities on the floor of Nigerian Stock Exchange on Monday grew further as the All-Share Index closed 1.90% higher to settle at 51,902.48 compared with 50,935.03 recorded last Friday. The market capitalisation rose by N521 billion or 1.90% to close at N27.981 trillion from N27.460 trillion recorded in the last session. Aggregate volume and value of traded […]

09

May

AIICO Insurance leads industry in PAT growth in Q1 2022

Comparative Analysis of insurance stocks The Nigerian stock market has been on the uptrend for the past few weeks, triggered by impressive results with dividend pay-out in 2021 year end, and good Q1 2022 results recently released. The positive vibration has pushed the All Share Index to 50,935.03 points, up by 19.24% year to date. The Market[…]

09

May

Market extends weekly gain by N699bn, returns 2.61%

The Nigerian stock market last week closed on a bullish note, occasioned by growth in the share price of BUA Cement, MTN, Airtel, Presco, Okomu and 44 other stocks. The All Share Index and Market Capitalisation grew by 2.61% week on week by 50,935.03 points and N27.460 trillion respectively. An aggregate of 1.598 billion units of shares[…]