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JunThe Nigerian stock market on Monday further declined as Dangote Cement and other 30 stocks shed weight, pushing the All Share Index down by 1.97% to close at 50,756.74 points from 51,778.08 points recorded last Friday. The market capitalisation closed at N27.363 trillion, shedding 551 billion from N27.914 trillion recorded in the last session. An aggregate of […]
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JunProfit taking on the floor of the Nigerian Exchange in the past couple of days has brought prices of many stocks down, thereby creating new entry opportunities for discerning investors. In the last edition of this publication, we did Q2 earnings forecast for banking stocks. We shall continue our forecast this week with focus on select manufacturing[…]
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JunTrading on the floor of the Nigerian Exchange last week closed bearish as the Telecom giants; MTN Nigeria and Airtel Africa as well as other 49 stocks closed the week lower on profit taking. The All Share Index and Market capitalization declined by 2.68% and 2.67% to settle at 51,778.08 points and N27.914 trillion respectively. An aggregate[…]
