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Activities in the market today closed on a positive note with a total volume of 349,347,529 units worth N2.64 billion traded in 9,046 deals. Market capitalization moved from N7.43 trillion recorded on friday to N7.67 trillion. NSE index also closed at 34,973 base points, about 45 companies were on the gainers chart. Foremost on the [...]
(No Ratings Yet)
Loading ...Market closed yesterday with no fewer than 26 companies on the gainers chart, on wednesday the 5th of November, 2008 it closed with around 20 companies on the gainers side. A look at the chart today reveals a typical example of a market we used to see before the bears came crawling and left [...]
(No Ratings Yet) Loading ...Activities in the market yesterday took a new turn as a total of 20 companies appreciated in share value. Although the market shed 167 basis points and the all share index ( ASI ) lost 573.53 points to close at 33,754.11. The increase in the number of gainers was a good one as compared to [...]
(3 votes, average: 4 out of 5) Loading ...However, the year 2008 started on a note that seemed a continuation of the pattern, until policies come on board and the very high confidence level posed by investors was dealt a blow. Experts have analyzed the details and implications of these policies time and again and the regulatory authorities have responded to these analyses [...]
(No Ratings Yet) Loading ...While the All Share Index has continued on a downward slide for several months, experts have predicted that investors should begin to look out for a buy signals. It is no longer news that for some time now, the Nigerian Stock Exchange has demonstrated ‘low confidence’ symptoms with a liquidity press featuring as a dominant [...]
(No Ratings Yet) Loading ...Hope you read my recent article on “own share buy-back yet to affect the market”, it would be good to emphasize the issue of buy back provisions and rules. In a Securities and Exchange Commission published circular, dated 11th September 2008, the “Amendments to rules and regulations of the Securities and Exchange Commission, Rules on [...]
(No Ratings Yet) Loading ...Few days after the major world capital markets have had sustained upward movements, Nigerian banks have indicated their readiness to restructure loan facilities extended to investors.
This might come as good news to thousands of investors that have made serious losses and consequently incurred huge debts as a result of the down trend that has bewildered [...]
(1 votes, average: 5 out of 5) Loading ...
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