Gross Earnings: The firms Gross earnings declined marginally by 1.44% from N173.310Billion to N170.812Billion, this was as a result of a 9.55% decline from Finance income that decline to N199 Million from N220 Million. Gross Operating Expenses: The firms gross operating expenses consist of Cost of Goods and other Operating Expense that recorded a…
Equities Market The Nigerian equity Bourse experienced a slight contraction at the end of today’s trading as the NSE ASI and Market capitalization both declined marginally by 0.43% to end the trading day at 27,306.81Index points and N13,307.16Tr respectively. Year-to-Date ASI is at a Negative of 13.12%. Volume and No of trades both inched higher…
Equities Market The Nigerian equity Bourse experienced a slight retreat from its bearish slide as the NSE ASI and Market capitalization both appreciated marginally by 0.05% to end the trading day at 27,424.92 Index points and N13, 364.72Tr respectively. Year-to-Date ASI is at a Negative of 74%. Volume, Value and No of trades all inched…
Equities Market The Nigerian equity market was subdue marginal as the equity front remain deprived of catalysts that could spur positive market reaction, as such both NSE ASI and Market capitalization declined by 0.42% to end the trading day at 27,412.13 Index points and N13,358.49Tr respectively. Year-to-Date ASI is at a Negative of 78%. Volume,…
Equities Market The Nigerian equities market was engulfed with negative sentiment that resulted in a marginal decline of 0.51% for both the NSE ASI and Market capitalization, as they ended the trading day at 27,527.4 points index and N13, 414.66 tr respectively. Year-to-Date ASI is at a Negative of 42%. Value and No of trades…
Equities Market The Nigerian equities market experienced a marginal appreciation in today’s trading activity as the NSE ASI and Market capitalization both inched higher marginally by 0.14% to 27,669.38points and N13, 483.85tr respectively. Year-to-Date ASI is at a Negative of 97%. Volume and No of trades both appreciated by 73.64%, 7.32% to 280.695 and 3,314…
In the just concluded MPC meeting, the following were the resolution reached by the Monetary Policy Committee Members; Monetary Policy Rate was retained at 13.5% Cash Reverse Ratio was retained at 22.5% Liquidity Ratio was retained at 30.0% Asymmetric window was retained within the corridor of+200 and -500 basis points around the MPR
As Bear Bites Harder, Opportunities that Lay Ahead June Global Market Round Up: The Global Equity markets in June, recorded a sharp rally, as the developed markets inched higher around 6.5%, while the global equity market returns for the first half of the year stood at 17%, however this return was fueled by rejuvenated…
Equities Market At the close of today’s trading session, the Nigerian equities Bourse continued with its mixed performance however at a slower rate as the NSE ASI and Market capitalization both appreciated marginally by 0.11% to 27,748.46points and N13,522.39tr respectively. Year-to-Date ASI is at a Negative of 71%. Volume, Value of trades and No of…
ECONOMY MPC Maintains MPR at 13.5% In the just concluded MPC meeting, the following were the resolution reached by the Monetary Policy Committee Members; Monetary Policy Rate was retained at 13.5%, Cash Reverse Ratio was retained at 22.5%, Liquidity Ratio was retained at 30.0% and asymmetric window was retained within the corridor of+200 and -500…
