Author Archives: Ruth Omoteso

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, […]

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[…]

The Nigerian stock market again closed on a bullish note last week, driven by growth in the share prices of MTN, Seplat, Dangote Cement, Okomu, Presco and 45 other stocks. The All Share Index and Market capitalization rose by 4.25% to settle at 53,098.46 points and N28.626 trillion respectively. An aggregate of 1.816 billion units of shares[…]