Capital Market

Equities Reverses Southward Trend, Index Gain 0.11% on Demand

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Equities on the Nigerian Stock Exchange (NSE) Thursday reversed its southward trend following renewed demand in majority of the sector indices, Cordros daily market update affirmed. At the close of trading today on the Nigerian bourse, all-share index (ASI) added 0.11 at 29,700.08 basis points, […]

Cadbury Says Q3’15 Pretax Profit Drop 98%

By InvestAdvocate Lagos (INVESTADVOCATE)-Beverage maker, Cadbury Nigeria Plc on Wednesday said its pretax profit for the period ended September 30, 2015 dropped 98 percent to N40.78 million from N2.39 billion recorded in the same period of last year, the company said in a filing with the Nigerian Stock Exchange (NSE). […]

Equities Continues Southward Trend, as Year-to-Date Losses Hit 14.40%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday continued its southward trend as profit taking in the Banking and Industrial stocks has led the local bourse to extend its Month-to-Date (M-t-D) and Year-to-Date (Y-t-D) losses to 4.97 percent and 14.40 percent respectively. Cordros daily market update says […]