The Nigerian stock market last week closed higher, driven by gains in MTN Nigeria and other 40 stocks that appreciated in their share prices. The All Share Index and Market capitalization soared by 0.20% and 0.26% to settle at 65,325.37 and N35.572 trillion respectively. An aggregate of 1.74 billion units of shares were traded in 30,652 deals, […]
The Nigerian stock market on Wednesday closed on a bearish note, shedding 1.75%. Year to date, the market has returned 25.2% with the All Share Index and Market Capitalisation at 64,167.39 points and N34.919 trillion respectively. In a stock market review with Mr Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The market on Wednesday[…]
Industrial and Medical Gases Nigeria Plc Wednesday published its Second Quarter report for the period ended 30 June 2023. The Company reported revenue of N2.726 billion for the 6 months period, up by 14.58% from N2.379 billion reported the previous year. Profit after tax grew year on year by 20.93% to N325.065 million from N268.799 million reported[…]