November 15, 2016/Reuters Telkom SA, South Africa’s biggest fixed-line phone company, said on Tuesday its half-year profit rose 19.7 percent, buoyed by its mobile business and the consolidation of its enterprise division. Headline earnings per share (HEPS) for the six months to the end of September rose to 336 cents […]
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Stocks Extend Losses Dragged by Industrial Goods Counter
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday extended losses, with the all-share index (ASI) dragged by a heavy loss in the Industrial Goods counter falling by 0.50 percent to close at 25,857.06 points. “On the back of today’s loss, the Month-to-Date (-5.01 percent) and Year-to-Date (-10.04 percent) returns […]
Bears Sustain Hold on Nigerian Bourse, NSE-ASI Dips below 26,000 Points to Open Week
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Monday sustained its hold on the Nigerian Stock Exchange (NSE), as the all-share index (ASI) declined by 0.70 percent to close at 25,986.81 points. “Following today’s negative proceedings, the Month-to-Date (-4.53 percent) and Year-to-Date (-9.57 percent) returns declined further,” according to Cordros […]
