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AugMutual Benefits Assurance reports N3.54bn in Q2 2022
Mutual Benefits Assurance Plc last week Friday published its Second Quarter report for the period ended, 30th June 2022. A turnover of N18.45 billion for the 6 months period, up by 20.25% from N15.34 billion reported the previous year. Profit after tax grew by 278.28% to N3.538 billion from the loss […]
23
AugStock market extends down trend by 0.05%
It was yet another bearish session on the floor of the Nigerian stock market on the first trading day of the week as downtrend extended on profit taking by investors to four straight sessions. The All Share Index dropped by 0.05% to close at 49,344.67 points from the previous close[…]
22
AugBearish Market: How to take advantage of low priced equities with strong fundamentals
The Nigerian stock market last week continued its southward journey, bringing the prices of many stocks to their year low. Year to date the market has returned 15.58% as the All Share Index and Market Capitalization stands at 49,370.62 points and N26.629 trillion respectively. Should investors be worried as the[…]
22
AugStock market returns -0.59% WtD on profit taking
Trading on the floor of the Nigerian Exchange last week closed bearish as MTN Nigeria, PRESCO, SEPLAT, Okomu Oil as well as other 37 stocks closed the week lower on profit taking The All Share Index and Market capitalization declined by 0.59% to settle at 49,370.62 points and N26.629 trillion[…]
