By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday closed in red as all-share index (ASI) dipped 0.44 percent to close at 28,730.42 points, while market capitalisation fell by N43.59 billion corresponding N9.86trillion. “Today’s negative close extended the Month-to-Date loss to 2.93 percent and pared the Year-to-Date […]
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Nigerian Breweries Says H1 2016 Pretax Profit Drops 36.3% to N10.54 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)-Beer producer, Nigerian Breweries Plc on Wednesday said its pretax profit for the half-year period ended June 30, 2016 declined 36.3 percent to N10.54 billion from N16.55 billion recorded a year ago. Similarly, profit after tax (PAT) dipped 24.3 percent to N8.61 billion from N11.4 billion posted […]
NSE Halts 5-Day Losing Streak, ASI up 0.15% across Rallies in Blue-Chips
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday halted a five-day losing streak as all-share index (ASI) gained 0.15 percent to close at 28,857.34 basis points, while market capitalisation advanced by N15.05 billion to N9.91 trillion. “Today’s improvement trimmed the Month-to-Date loss to 2.50 percent and extended […]
