January 10, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday closed positive on bellwether counters as benchmark index advanced by 0.62 percent to close at 29,517.73 points, compared to –2.33 lost recorded previously; as Year-to-Date (YTD) returns stands at a negative -6.09 percent. InvestmentOne reports says that market […]
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Intraday Update: Nigerian Stocks Bullish on Banking, Consumer Goods Counters
January 10, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) as at midday Thursday is up +0.65 percent and driven by gains in Banking, Consumer Goods names. InvestmentOne update reports that market movers are UAC Property Development Company Plc and Guaranty Trust Bank Plc; both are up +9.70 percent […]
NSE Demotes Nigerian Breweries to Medium Stock
January 10, 2019/The Nation by Taofik Salako Capital Market Editor The Nigerian Stock Exchange (NSE) yesterday relegated Nigerian Breweries from its special status of high-priced stock to medium-priced stock, after the leading brewers slipped below the requirement for continuing recognition as high-priced stock. In a circular, the Exchange indicated that […]
