stocks

Investors Sound Alarm as More Companies Exit NGX Amid Economic Challenges The persistent structural challenges in Nigeria’s business environment have triggered fresh concerns among shareholders, who warn that without urgent reforms, more companies may opt for voluntary delisting from the...

10 Stocks Top Fund Managers Are Betting On—Should You Follow? Despite a Fairly Valued Market, Top Investors Are Still Finding Opportunities The U.S. stock market appears to be fairly valued, making it challenging for investors to find bargains. However, some of the best fund managers have been...

Stocks Near Record Highs as Investors Eye Fed Minutes & Manufacturing Data The stock market continued its upward momentum last week, with the S&P 500 hitting a record high as investors reacted to fresh inflation data and potential Federal Reserve rate cuts. The Nasdaq Composite surged over...

Top 10 Undervalued REITs for 2025: High-Yield Stocks at Discounted Prices Real estate investment trusts (REITs) continue to be an attractive option for income investors, thanks to their high-yield dividends. As of February 9, 2025, the REIT sector appeared to be undervalued by 6.8%, according...

2025 Investment Outlook: Top 18 Stocks and ETFs for Global Growth Experts Predict Stronger Returns for International Markets—Here’s What to Buy As 2025 unfolds, top investment firms, including BlackRock, J.P. Morgan, Vanguard, and Morningstar Investment Management, forecast that international...

NGX Trading Summary for Wednesday, October 23, 2024 Market Overview: • Total Volume Traded: 283,735,090 shares. • Number of Deals: 7,966. • Market Value: NGN 8,290,748,953.48. • Market Capitalization: NGN 60 trillion. Comparison to the Previous Day (October 22, 2024): • Volume...

NGX TRADING SUMMARY FOR FRIDAY, OCTOBER 11, 2024 1. Overall Market Performance Volume Traded: 304,430,135 shares Deals: 6,950 Market Value: NGN 5.6 billion Compared to the previous day (Thursday, October 10, 2024), the volume increased by 10%, the market turnover improved by 20%, but the number...

NGX TRADING SUMMARY FOR FRIDAY, OCTOBER 4, 2024 Overall Market Activity: Shares Traded: 320.7 million shares were traded across the market. Deals: 8,763 deals were executed. Total Market Value: The total value of the traded shares amounted to NGN 6.02 billion. Comparisons: Volume: A 19%...

NGX TRADING SUMMARY FOR WEDNESDAY, OCTOBER 2, 2024: Trading Overview: Shares Traded: 425,764,914 shares were traded today. Number of Deals: 11,954 deals were executed. Total Value of Trades: NGN 8,450,869,335.47. Comparison with Previous Trading Day (September 30, 2024): Volume: Down by 27%...

NGX TRADING SUMMARY FOR THURSDAY, SEPTEMBER 5, 2024 Overall Trading Activity: - Total Shares Traded: 388,616,945 - Number of Deals: 9,897 - Market Value: NGN 9,565,141,073.18 - Market Capitalization: NGN 55.3 trillion Comparative Data: - Turnover Improvement: 17% increase from Wednesday...

STOCKS TO WATCH THIS WEEK BY PREMIUM TIMES Overview: The article provides a stock investment guide for the week, focusing on key stocks like Zenith Bank, C & I Leasing, Ecobank (ETI), Prestige Assurance, Ikeja Hotel, and Mutual Benefits Assurance. It highlights the performance and potential of...

LIVESTOCK FEEDS EARNINGS PER SHARE RISES TO 13-YEAR HIGH Main Points: 1. Earnings Performance: Livestock Feeds Plc achieved its highest earnings per share (EPS) in 13 years, with a dramatic increase of 1,064.8% to N14.56 in H1 2024 from N1.25 in H1 2023. 2. Financial Metrics: - Shares...

UNION BANK BEGINS RECAPITALISATION Summary: Union Bank of Nigeria has initiated a recapitalisation process, as disclosed by the Managing Director/CEO, Yetunde Oni, following the release of the bank's half-year financial results. This move aligns with the Central Bank of Nigeria's (CBN)...

NGX TRADING SUMMARY FOR FRIDAY, AUGUST 16, 2024: Trading Overview: - Total Volume: 348,952,726 shares - Total Value: NGN 7,464,902,951.30 - Total Deals: 7,677 - Market Capitalization: NGN 55.1 trillion Comparative Performance: - Volume: 29% increase compared to the previous trading day...

ADVOCATING TELECOM-CAPITAL MARKET COLLABORATION 1. Call for Synergy: - Industry Collaboration: Leaders from the telecommunications and financial sectors have advocated for a stronger partnership between Nigeria’s telecommunications industry and the capital market. This collaboration is seen...

The Nigerian stock market, as we know it today, began its journey with the founding of the Lagos Stock Exchange in 1961, later renamed the Nigerian Stock Exchange (NSE). However, to trace significant historical events that have influenced the modern Nigerian stock market, let's focus on an...

NGX TRADING SUMMARY FOR THURSDAY, AUGUST 15, 2024 Trading Overview - Total Shares Traded: 271,259,970 shares - Total Deals: 7,233 - Market Value: NGN 3,522,892,918.09 Comparative Analysis - Volume: Declined by 14% compared to Wednesday, August 14, 2024. - Turnover: Declined by 36% from the...

JULIUS BERGER’s SHARE PRICE PERFORMANCE AND FINANCIAL OVERVIEW 1. Share Price Movement: - Current Share Price (August 13, 2024): NGN 130.00 - Price Increase in Two Weeks: +34.02% - Previous Closing Price (End of July 2024): NGN 97.00 - Market Volume on August 13, 2024: 13.17...

NGX TRADING SUMMARY FOR TUESDAY, AUGUST 13, 2024 1. Trading Overview: - Total Shares Traded: 599,246,035 shares - Total Deals: 11,237 deals - Market Value: NGN 13,916,167,908.23 2. Performance Comparison: - Volume Improvement: 20% increase from the previous trading day (Monday...

DETAILED OVERVIEW OF THE GUINEA INSURANCE PLC FINANCIAL PERFORMANCE REPORT 1. Profit Surge: Guinea Insurance Plc reported a profit after tax of NGN 477.77 million for the year ending December 31, 2023. This represents a significant turnaround from a loss of NGN 83.27 million in the previous...