By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) resumed activities on an unimpressive note as stocks shed 1.37 percent amidst profit-taking across major counters. According to Cordros daily market update, the all share index (ASI) closed at 25,545.10 points, while market capitalisation slumped by N214.17 billion to N8.69 […]
Tag: Domestic Bourse
Zenith Bank Forecast 0.3% Pretax Profit Increase for 2016
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one (1) lender, Zenith Bank Plc said on Thursday it expects pretax profit of N126 billion in year 2016 a marginal 0.3 percent increase from N125.6 billion recorded last year, according to a Reuters report. According to the report, the Bank said it expects loan […]
NSE Close Week 1.04% Negative, Extends Y-t-D loss to 14.70%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note and declining 1.04 percent to extend Year-to-Date (Y-t-D) loss to 14.70 percent. At the end of the week’s trading on the domestic bourse, all-share index (ASI) and market capitalisation depreciated by […]
