The Nigerian Stock Exchange market indices rebounded by 0.67 per cent on Tuesday after reacting to polls shift.
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Nigerian Breweries Plc has announced a profit after tax of N19.4 billion for the 2018 Financial Year.
The Nigerian Stock Exchange on Monday reacted negatively to sudden election postponement, dropping by N196 billion as predicted by financial experts.
Specifically, the market capitalisation which opened at N12.087 trillion rose by N15 billion or 0.12 per cent to close at N12.102 trillion.
Trading on the nation’s bourse swayed southward on Wednesday to record its first depreciation in February, shedding 0.15 per cent.
The Nigerian Stock Exchange profited from a beehive of activities on its trading floor last week with market capitalisation appreciating by N334 billion following bargain hunting, despite political risks.
The Nigerian Stock Exchange on Friday moved a total of 723.79 million shares valued at N12.21 billion in 5,752 deals.
The volume of shares traded on the Nigerian Stock Exchange in January dropped by 42.38 per cent due to uncertainties surrounding the forthcoming general elections, said analysts.
Activities on the Nigerian Stock Exchange opened for the week northward on Monday appreciating by 0.35 per cent with 16 price gainers and 20 losers.
Activities on the nation’s bourse opened for the month of February on Friday with a growth of 0.26 per cent, halting four consecutive days’ bearish run.
Trading on the Nigerian Stock Exchange sustained negative for the four consecutive days with the market capitalisation declining by N220 billion.
The Nigerian Stock Exchange crucial market indices resumed trading for the week on Monday with a loss of 0.26 per cent, halting the bullish run due to profit taking.
Trading activities on the Nigerian Stock Exchange remained positive on Friday, with Total Oil leading the gainers’ table for the day.
Activities on the nation’s bourse closed flat on Tuesday with the All-Share Index increasing marginally by 0.01 per cent.
Goldlink Insurance Plc on Monday announced the sack of its Managing Director, Funke Moore, by the National Insurance Commission effective from January 18.
Crucial indices of the Nigerian Stock Exchange on Friday grew by 1.06 per cent, sustaining a positive outlook for the second trading day.
Abdul Samad Rabiu, Chairman, Cement Company of Northern Nigeria and Founder/CEO of BUA Group, rang the closing gong on the floor of The Nigeria Stock Exchange to mark the end of trading on Wednesday and commemorate the successful completion of the CCNN/Kalambaina Cement Merger and listing of the shares of the expanded CCNN entity, which is now one of Nigeria’s 12 most capitalized companies on the exchange.
Investors’ networth on the Nigerian Stock Exchange dipped further by N291 billion on Wednesday, just as the market capitalisation fell to the N10 trillion mark.
The volatility of the Nigerian Stock Exchange remained unabated on Monday with crucial market indices decreasing further by 0.78 per cent.
The year 2018 was not so rosy for the Nigerian Stock Exchange as its crucial indicators depreciated by 19.77 per cent due to uncertainties surrounding the forthcoming general election.