The Nigerian stock market on Tuesday sustained marginal bullish trend, gaining three out of the last three trading sessions. The All Share Index appreciated by 0.44%, closing at 65,488.67 points from the previous close of 65,202.41 points. Investors gained N157 billion as the Market Capitalisation grew by 0.44% to close at N35.842 trillion from the previous close […]
The Nigerian Exchange has admitted additional 641 million ordinary shares of MTN Nigerian Plc into its platform arising from the company’s scrip dividend scheme. In a notice to Trading licence holders, the NGX Exchange Limited stated thus: “Trading License Holders are hereby notified that additional 641,047,053 ordinary shares of 2 kobo each of MTN Nigeria Communication Plc[…]
The Nigerian stock market last week closed on a bearish note as the All Share Index declined by 0.93% week on week. Year to date, the market has returned 26.28% with the All Share Index and Market Capitalisation at 64,721.09 points and N35.442 trillion. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna[…]