Tag: Cowry Asset

NSE Boosted by Dangote Cement FY Earnings, Dividend Declaration

March 1, 2016/Cowry Asset Research Key market indicators, the NSE ASI and market capitalisation, each advanced by 1.09% as the value of building materials giant, Dangote Cement, shares was enhanced by its positive full year 2015 earnings as well as its dividend declaration of 800 Kobo per share. Gainers & […]

NSE Sustains Positive Momentum; FGN Bond Yields Rise at OTC

February 29, 2016/Cowry Assets Research The equities market advanced mostly on the back of industrial stocks as evident by the rise in the NSE Industrial Index which advanced by 2.48 percent. Consequently, key market indicators, the NSE ASI and market capitalisation, each advanced by 1.41 percent. Gainers & Losers Shares […]

Nigeria’s External Reserves Rises on Increased Global Crude Oil Prices

February 26, 2016/Cowry Asset Research In the just concluded week, Nigeria’s external reserves increased week-on-week by 0.02 percent to  USD27.80billion as at Wednesday, 24 February, 2016. This followed increase in international crude oil prices amid sustained decrease in crude oil production in the United States as well as on going […]