Current market mood: Why you should pitch your tent with fundamentally strong stocks
Prices of stocks on the Nigerian Exchange last week continued its southward journey, occasioned by profit taking by investors. Year to date, the market has returned 3.63% with All Share Index and Market Capitalisation at 44,269.18 points and N24.112 trillion respectively. Most stocks have touched their 52 weeks low and […]
Fidson Healthcare appoints Imohka Ayebae as Executive Director
Fidson Healthcare Plc has announced that its Board has appointed Imohka Ayebae as Executive Director in charge of Finance, filling the vacancy in that position in that position which has existed since 2014. Imohka is a commercially astute finance professional with over 15 years of experience in finance & account,[…]
Stock market returns -1.16% WtD amidst profit taking
The Nigerian stock market last week closed on a bearish note, occasioned by profit taking in SEPLAT, MTN Nigeria and other 40 stocks. The All Share Index and Market capitalization declined by 1.16% to settle at 44,269.18 points and N24.112 trillion respectively. Year to date, the market has returned 3.63%.[…]
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NovInvestors’ wealth climbs by N17bn as NGXASI rises by 0.07%
The Nigerian equity market on Friday closed bullish as the All Share Index rose by 0.07% to settle at 44,269.18 points from the previous close of 44,236.70 points. Investors’ wealth climbed by N17 billion as The Market Capitalisation was up by 0.07% to close at N24.112 trillion from the previous[…]
