By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Sentiments on the Nigerian Stock Exchange (NSE), Friday remained dampened as the all-share index (ASI) and market capitalisation went down 0.70 percent to close the week at 25,328.07 points and N8.712 trillion respectively. “Similarly, all other Indices finished lower during the week, with the exception […]
Tag: FCMB Group Plc
FCMB Group Says 2015 Pretax Profit down 67.6%, Declares lesser Dividend of 10 Kobo per Share
By InvestAdvocate Lagos (INVESTADVOCATE)-Financial HoldCo, FCMBcm Group Plc said on Wednesday its pretax profit for the period ended December 31, 2015 climbed down 67.6 percent to N7.76 billion from N23.94 billion declared a year ago. Similarly, profit after tax (PAT) declined 78.5 percent to N4.76 billion from N22.13 billion recorded […]
NSE ASI Rises 6.57% W-o-W on Bargain Hunting
By InvestAdvocate Lagos (INVESTADVOCATE)-The bulls on Friday overcame the bears on the Nigerian Stock Exchange (NSE) as key market indicators, the all-share index (ASI) advanced by 6.57 percent Week-on-Week (W-o-W) to close at 25,820.10 basis points, while market capitalisation rose 6.55 percent to N8.33 trillion. “Similarly, all other Indices finished […]
