18

May

NGXASI closes lower, down by 0.35%

The Nigerian Exchange on Tuesday closed lower as the All Share Index declined by 0.35% to close at 52,756.62 points from the previous close of 52,944.09 points. Investors lose N101 billion as the Market Capitalisation dropped by 0.35% to close at N28.442 trillion from the previous close of N28.543 trillion. At the close of trade on Tuesday,[…]

16

May

Cadbury leads industry in PAT growth in Q1 2022

Comparative analysis of select manufacturing stocks The Bulls in the past few weeks have dominated the Nigerian stock market, triggered by sterling performance of FY 2021 and Q1 2022 results of listed companies on the Nigerian Exchange. Prices of stocks have been rewarded accordingly with some stocks hitting new 52 weeks high. Year to date, the All[…]