stocks

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...

NGX TRADING SUMMARY FOR TUESDAY, JULY 23, 2024 1. Trading Overview: - Total Shares Traded: 280,922,197 shares - Number of Deals: 8,403 - Market Value: NGN 3,625,620,975.33 - Market Capitalization: NGN 56.9 trillion 2. Comparison with Previous Trading Day: - Volume Decline: 16%...

ENAMELWARE SUFFERS N2.6BN LOSS 1. Financial Losses: - Post-Tax Loss: Nigerian Enamelware PLC reported a substantial post-tax loss of N2.6 billion for the year ending April 30, 2024. This is a significant turnaround from the N1.7 billion profit the company made in the previous year. 2...

BOOK REVIEW: "ONE UP ON WALL STREET" BY PETER LYNCH ♥ Good Morning Everyone. "One Up on Wall Street" by Peter Lynch is a seminal book on investing, widely regarded as a classic in the field. Lynch, a legendary fund manager of the Fidelity Magellan Fund, offers insights into his investment...

NGX TRADING SUMMARY FOR FRIDAY, JULY 19, 2024 Trading Volume and Value: - Total Shares Traded: 603,884,355 - Total Deals: 9,988 - Market Value of Shares: NGN 9,164,655,213.31 - Market Capitalization: NGN 56.9 trillion Comparison with Previous Trading Day (Thursday, July 18, 2024): - Volume...

CADBURY NIGERIA PLC'S MARKET VALUE RISES 10% AHEAD OF EARNINGS Cadbury Nigeria Plc's market valuation surged by about 10% as investor sentiment towards FMCG stocks improved in the domestic market. According to data from the Nigerian Exchange (NGX), Cadbury's share price climbed to N18.25 on...

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...

Choosing a stockbroker is an important decision that impacts your investing experience. Here are key factors to consider: 1. DETERMINE YOUR NEEDS - Trading Style: Decide whether you prefer long-term investing, day trading, or options trading. - Investment Goals: Consider your financial goals...

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...

PRICE ADJUSTMENT The equity price of NEM INSURANCE PLC was adjusted today 21st of June 2024 for a dividend of N0.60 as recommended by the company's Board of Directors. The last close price was N9.00 while the Ex-div price is N8.40

CUTIX PLC: STOCK ANALYSIS COMPANY OVERVIEW: Cutix Plc is a Nigerian company that specializes in the manufacturing and distribution of electrical, telecommunication, and automotive wires and cables. Established in 1982 and listed on the Nigerian Stock Exchange (NSE) in 1983, Cutix Plc has grown...

Hi Everyone. Last week, we started a conversation on commercial papers and we defined what it is, how it works and how to plug into it. Today, we continue by looking at tax implications and other vital information. Shall we? TAX IMPLICATIONS FOR INVESTORS Investors in commercial paper benefit...

INVESTMENT TERMS YOU SHOULD KNOW: Dear Investors❤️. Navigating the world of investments can be a bit complex especially with the use of terms. This guide aims to simplify some of the most commonly used investment terms, providing clear and concise explanations to help you gain a better...

NGX TRADING SUMMARY FOR THURSDAY, JUNE 13, 2024 Market Overview: - Total Shares Traded: 502,599,278 - Total Deals Executed: 9,686 - Total Market Value: NGN 8,653,032,209.43 - Market Capitalization: NGN 56.5 trillion Comparison with Previous Trading Day (June 11, 2024): - Volume Decline: 41% -...

NEIMETH PHARMACEUTICALS FINANCIAL PROJECTIONS AND STRATEGIC PLANS 1. Profit Projection: - Neimeth Pharmaceuticals Plc is projecting a profit of N211 million for the 2024 financial year. 2. Revenue and Growth Plans: - The company aims to achieve N5 billion in revenue for 2024. - There...

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...

AFREXIMBANK PROVIDES FIDELITY BANK WITH $40 MILLION FOR THE ACQUISITION OF UNION BANK UK: 1. Transaction Details: - The African Export-Import Bank (Afreximbank) has disbursed $40 million to Fidelity Bank Plc. - The funds are designated for Fidelity Bank's acquisition and recapitalization...