By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday suffered its biggest single-day loss of 4.10 percent as all share index (ASI) closed at 22,550.83 points; while market capitalisation decreased by N331.6 billion to N7.75 trillion. “Today’s loss increased the Month and Year-to-Date losses each to 21.27 percent,” Cordros […]
Tag: per share
Transcorp Hotels to List N10 Billion Series 1 Bond
By InvestAdvocate Lagos (INVESTADVOCATE) – Transcorp Hotels Plc, the hospitality unit of Nigeria’s top conglomerate, Transnational Corporation of Nigeria Plc will list N10 billion (Series 1) bond on the Nigerian Stock Exchange (NSE) Monday January 18, 2016, the company said in a filing with the NSE. Shares of Transcorp at […]
Bloodbath on Nigerian Bourse as Stocks Dip 3.6% to near 3-1/2Year Low
By InvestAdvocate Lagos (INVESTADVOCATE)-There was bloodbath on the Nigerian Stocks Exchange (NSE) as the all-share index (ASI) dipped 3.6 percent to near a three-and-half-year low at the close of Wednesday’s trading. This is coming on the heels of dwindling fortunes of the naira hitting a new low of N300 per […]
