By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Wednesday closed lower for the second consecutive session, with the all-share index (ASI) declining by 0.12 percent to close at 26,247.02 points. “Today’s bearish performance increased the Year-to-Date loss to 2.34 percent,” according to Cordros daily market update. The report says the Banking, Consumer […]
Capital Market
Portland Paints to raise N1b fresh equity funds from shareholders
January 18, 2017/the Nation Portland Paints and Products Nigeria (PPPN) PLC has secured the approval of the Nigerian Stock Exchange (NSE) to raise more than N1 billion in new equity funds in its bid to expand its business. A regulatory document at the Exchange obtained by The Nation indicated that […]
Bears Dominate Local Bourse, Drags ASI Lower 0.36% on Weak Investors Confidence
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-As expected, the bears dominated the domestic bourse, dragging the all-share index lower by 0.36 percent to close at 26,278.20 points. “Following today’s negative close, the Year-to-Date loss increased to -2.22 percent,” according to Cordros daily market update. The report says the Consumer Goods index […]
