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MayTHE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR MAY 13th – 17th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 1.652 billion shares worth N42.677 billion in 38,123 deals. This represents a decrease compared to the previous week, where 2.187 billion shares valued at N50.667 billion were exchanged […]
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AugThe stock market last week closed on a positive note with 1.29% growth. Year to date the market has returned 27.92% with the All Share Index and Market Capitalisation at 65,558.91 points and N35.881 trillion respectively. In a stock market review with Mr. Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The market last week closed[…]
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DecNigerian Breweries Plc at its recent Extraordinary General Meeting has proposed an increase in the company’s share capital and bonus issue of N1.03 billion to shareholders. In a statement available on the website of the Nigerian Exchange, the following resolutions were made by Nigerian Breweries: INCREASE IN SHARE CAPITAL “That the share capital of the company be[…]
