20

Mar

Stock Market Review: March 20, 2022

The Nigerian stock market last week closed on a bearish note, shedding 1.58% week on week. Year to date, the market has returned 7.15% with the All Share Index and Market Capitalisation at 54,915.39 points and N29.916 trillion respectively. In a stock market review with the MD/CEO of APT Securities and Funds Limited, Mallam Garba Kurfi, the […]

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20

Mar

Cheap stocks for strategic entry on NGX

The stock market last week closed on a bearish note, occasioned by profit taking by investors, thereby shedding -1.58% week on week.Year to date, the market has returned 7.15% with the All Share Index and Market Capitalization at 54,915.39 points and N29.916 trillion respectively.Apart from profit taking activities, prices of some stocks were marked down for dividends,[…]

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20

Mar

Custodian Investment reports N11.16bn as profit in FY 2022, proposes 55 kobo as dividend

Custodian Investment Plc on Friday publish its Audited Report for the year ended 31 December 2022.The Financial Institution reported Gross Revenue of N103.075 billion for the 12 months period, up by 20.22% from N85.74 billion reported the previous year.Profit after tax grew year on year by 11.01% from N10.054 billion reported the previous year.Earnings per share of[…]

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