By Financescape The Nigerian equities market began the week on a negative note, as the All-share index depreciated by -0.74% to close at 27,574.32 basis point, Market capitalization closed at N13.423 trillion, Total of 271,236,709.00 Shares was traded in 4,795.00 deals valued at N2,905,958,858.93. Year-to-Date (YTD) returns currently stands at -12.27%. Share […]
By Financescape EQUITY NSE equities market closed the week with a positive rally, as the benchmark index appreciated by 2.33% WOW to close the week at 27,779. The All Share Index closed the week at 27,779 basis points, Year to date returns stands at -11.62%. As the market sustained positive trend […]
By Financescape NPF Microfinance Bank Plc to raise additional capital through a rights issue. In a notice to its Dealing Members The Nigeria Stock Exchange notified the members that NPF Microfinance Bank Plc (the Bank) has through its Stockbroker, Regency Asset Management Limited, submitted an application to The Nigerian StockExchange for […]
By Zedcrest Capital Bonds The Bonds market ended the week on a muted note, with relatively low volumes again traded during the trading session. Yields across the benchmark curve compressed by c.1bps as investors apathy for current market yields continued. We however noted some improved interest in corporate and municipal bonds, as […]
By Financescape Following the proposal of the Board of Directors of Stanbic IBTC Holding Plc for payment of N1.00 (one naira) Interim Dividend for the Half-year 2019, The company has announced that Shareholders entitled to receive the N1.00 (one naira) Interim Dividend declared by Directors, have a choice of receiving these dividends, either […]
By Financescape Today September 12, 2019, the Nigeria equities market sustained the positive trend, as the All-share index appreciated by + 1.01% to close at 27,426.64 basis point, Market capitalization closed at N13,351 trillion, Total of 115,422,350.00 Shares was traded in 2,816.00 deals valued at N854,286,772.21. Year-to-Date (YTD) returns currently stands at -12.59%. […]
By Zedcrest Capital ***President Trump ousts national security adviser, opens the door for a deal with Iran*** Bonds The Bond market had a quiet trading session, with very little flows seen on select maturities. Yields compressed marginally by c.1bps on the average across the benchmark Bond curve. We noted some selling […]
By Financescape According to the document signed by Dangote Flour Mills plc company Secretary AISHA LADI ISA the company stated in a SUIT No: FHC/L/CS/ 1507/ 2019 IN THE MATTER OF AN APPLICATION UNDER SECTION 539 OF THE COMPANIES AND ALLIED MATTERS ACT CAP C20 LAWS OF THE FEDERATION OF NIGERIA, 2004 […]
By Financescape The Nigeria equities market open the week on a negative note, as All-share index depreciated by -0.21% to close at 27,089.84 basis point, Market capitalization closed at N13.178 trillion, Total of 290,490,871.00 Shares was traded in 2,900.00 deals valued at N4,294,142,081.48 Year-to-Date (YTD) returns currently stands at -13.81%. Share on: […]
By Daniel Anomietei Monday, September 9, 2019. Stanbic IBTC Bank, a member of the Standard Bank Group has launched an integrated Marketing Campaign (IMC) on its Unstructured Supplementary Service Data (USSD) application, with the dedicated code, *909#. The *909# USSD string affords customers the opportunity to access wallet and banking services such as inter […]
By Zedcrest Capital ***US FED Chair plays down recession risks, reinforces expectations for 25bps rate cut*** Bonds The FGN Bond market closed the week with sustained demand pressures across the curve. Yields compressed further by c.7bps on the average across the FGN Bond Benchmark curve, most notably at the short- to […]
By Financescape The Nigeria equities market closed on a negative note, as All-share index dip by -0.39% to close at 27,146.57 basis point, Market capitalization closed at N13.20 6trillion, Total of 311,260,175.00 Shares was traded in 3,192.00 deals valued at N6,435,092,466.31 Year-to-Date (YTD) returns currently stands at -13.63%. Share on: WhatsApp
