The Nigerian stock market last week closed marginally higher as gains in MTN Nigeria and 41 other stocks keep the market afloat. The All Share Index was up by 0.22% to stand at 65,198.08 points from 65,056.39 points recorded the previous week. Market capitalization grew also by 0.22% to settle at N35.480 trillion from N35.403 trillion in […]
The stock market last week closed on a positive note with 0.08% growth. Year to date, the market has returned 26.94% with the All Share Index and Market Capitalisation at 65,056.39 points and N35.403 trillion. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following were discussed: Excerpts: • The[…]
Nigeria Exchange Group Plc on the 27th July, 2023 posted N3.2bn turnover for the half year ended June 30th, 2023. This is represents about 16% decrease on its previously reported N3.8bn turnover in 2022. The market regulator sheds its bottom-line figures by 45.85% to settle at a profit after tax of N444mn from Profit After Tax of[…]