By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note as the all-share-index (ASI) and market capitalisation depreciated by 0.95 percent to close at 27,596.82 and N9.479 trillion respectively and coming on the heels of profit-taking. “Similarly, all other Indices finished […]
Capital Market
Transcorp Hotels Reports N3.93 Billion Pretax Profit for Nine Months Ended 30 September
By InvestAdvocate Lagos (INVESTADVOCATE)- Transcorp Hotels Plc, the hospitality unit of Nigeria’s top tier conglomerate, Transnational Corporation of Nigeria Plc on Friday said its pretax profit for the nine months period ended September 30, 2016 rose 14.7 percent to N3.93 billion from N3.42 billion recorded a year ago. Post-tax profit […]
Asia stocks ease as stronger dollar weighs on crude oil
October 21, 2016/Reuters By Shinichi Saoshiro | TOKYO Asian stocks were mostly lower on Friday as the dollar climbed to seven-month highs against a basket of currencies and dragged down crude oil prices, cooling investor risk appetite. Equities were expected to continue sagging in the European session, with spreadbetters forecasting […]
