stockmarket

NGX TRADING SUMMARY FOR TUESDAY, JULY 30, 2024 Trading Volume and Value: - Shares Traded: 399,385,857 - Number of Deals: 10,447 - Market Value: NGN 8,000,964,363.50 Comparative Analysis with Previous Trading Day (July 29, 2024): - Volume: Increased by 5% - Turnover: Decreased by 8% - Number of...

OUTCOME OF FCMB GROUP PLC BOARD OF DIRECTOR'S MEETING Lagos, Nigeria - 19 July 2024 At a Board of Directors' meeting held on July 19, 2024, FCMB Group Plc approved its unaudited financial statements for the quarter ending June 30, 2024. These statements will be published by July 30, 2024, in...

SECURE ELECTRONIC TECHNOLOGY SUFFERS ₦33.41M LOSS Secure Electronic Technology Plc reported a ₦33.41m loss in Q1 2024, worsening from a ₦6.81m loss in the same period last year. The decline was attributed to decreasing gross income and rising administrative expenses. The company's unaudited...

NGX TRADING SUMMARY FOR THURSDAY, JULY 18, 2024 Market Activity: - Total Shares Traded: 392,795,396 shares - Total Deals: 9,013 deals - Total Market Value: NGN 8,333,016,906.19 - Market Capitalization: NGN 56.9 trillion Comparison with Previous Trading Day (Wednesday, July 17, 2024): - Volume...

BOOK REVIEW: "YOU CAN BE A a STOCK MARKET GENIUS" BY JOEL GREENBLATT OVERVIEW "You Can Be a Stock Market Genius" is a comprehensive guide that demystifies the stock market for investors looking to improve their financial literacy and investment strategies. Joel Greenblatt, a successful...

NGX TRADING SUMMARY FOR MONDAY, JULY 15, 2024 MARKET OVERVIEW: - Total Volume: 362,429,559 shares - Total Deals: 8,405 - Total Market Value: NGN 7,367,554,181.96 - Market Capitalization: NGN 56.6 trillion Comparison with Previous Trading Day (Friday, July 12, 2024): - Volume: Declined by 14% -...

NGX TRADING SUMMARY FOR WEDNESDAY, JULY 10, 2024 At the end of today's trading session on the Nigerian Stock Exchange (NGX): - Total Shares Traded: 935,148,864 shares in 8,160 deals - Market Value: NGN 11,839,828,382.50 - Comparison with Previous Day: - Volume increased by 207% - Turnover...

NGX TRADING SUMMARY FOR TUESDAY, JULY 9, 2024 Overview: - Total Shares Traded: 304,144,072 shares - Total Deals: 8,256 - Total Market Value: NGN 4,997,534,480.61 - Market Capitalization: NGN 56.5 trillion Comparison with Previous Trading Day (Monday, July 8): - Volume: 56% decline - Turnover...

FINANCIAL ANALYSTS PREDICT STOCK MARKET PULLBACK IN H2 2024 Financial analysts from Arthur Steven Asset Management Limited (ASAM) have forecasted a potential pullback in the stock market during the second half of 2024, following its peak in the first half of the year. This was discussed during...

CORNERSTONE INSURANCE EYES IMPROVED GROWTH The Managing Director/Chief Executive Officer of Cornerstone Insurance, Stephen Alangbo, has projected a brighter future for the firm as he commemorated his first year in office. During a press briefing in Lagos on Friday, Alangbo highlighted some of...

RESOLUTIONS PASSED AT THE 25th ANNUAL GENERAL MEETING OF FIDSON HEALTHCARE PLC Fidson Healthcare Plc held its 25th Annual General Meeting on the 4th of July 2024 at the Balmoral Convention Center, Sheraton Hotels and Towers, Ikeja, Lagos, and announced the following resolutions: 1. Payment of...

NGX TRADING SUMMARY FOR FRIDAY, JUNE 21, 2024 Key Points: - Trading Volume and Value: - Total shares traded: 617,222,617 - Total deals: 9,273 - Total market value: NGN 11,346,077,481.95 - Compared to the previous trading day (Thursday, June 20), there was a: - 53% decline in volume...

DANGOTE TARGETS STEEL MANUFACTURING AS NEXT INVESTMENT VENTURE Summary: Alike Dangote, Africa’s richest man, announced plans to venture into the steel market following successful investments in food, cement, and energy sectors. Details: - Announcement Venue: Afreximbank Afro-Caribbean Trade &...

HIGHLIGHTS FROM FCMB GROUP'S 11th ANNUAL GENERAL MEETING Key Announcements and Shareholder Sentiments: - Capital Raising Programme: FCMB Group Plc plans to raise N150bn in capital to support future growth. This move was approved at the 11th annual general meeting and met with optimism from...

ARADEL HOLDINGS TO EXIT NASD, LIST SHARES ON NGX BY INTRODUCTION 1. Exit from NASD: - Aradel Holdings Plc, a leading energy company in Nigeria, plans to leave the NASD over-the-counter (OTC) Securities Exchange. - The decision was approved by shareholders at the Annual General Meeting...

TUESDAY TIP: TIPS FOR NEW INVESTORS Hey Newbies. Embarking on your investment journey can be both exciting and daunting. But with the right knowledge and approach, you can set yourself up for success in the financial markets. Here are some essential tips to help you get started on the path to...

NGX TRADING SUMMARY FOR TUESDAY, June 11, 2024: 1. Trading Volume and Value: - Total shares traded: 848,965,335 - Number of deals: 8,064 - Total market value: NGN 16,551,035,805.29 - Compared to the previous trading day (Monday, June 10): - Trading volume decreased by 12%...

BOOK REVIEW: "REMINISCENCES OF A STOCK OPERATOR" BY EDWIN LEFÈVRE Dear Investors❤️. Welcome to Tuesday and another book review day. This book is a captivating account of a fictionalized stock trader's life, loosely based on the experiences of the real-life trader Jesse Livermore. Let's delve...

INVESTMENT STRATEGIES 105: BALANCING YOUR PORTFOLIO WITH VALUE AND GROWTH STOCKS Dear great minds❤️, for some weeks now, we have been having a series on investment strategies with a focus on value and growth stocks. Now, to wrap that up, let's look at how you can balance your investment...

Access Holdings proposed the right offering at N19.75 per unit on the basis of 1 new share for every 2 existing ordinary shares.