Stocks Resume Fall, International Breweries Records N2.56bn Loss
International Breweries Plc has reported a loss before tax of N2.56bn for the first quarter period ended March 31, 2017.
This represented a decline compared to the profit of N1.50bn reported a year ago.
This was contained in the...
Stocks Hit Three-Month Low, Investors Lose N149bn
The equities market of the Nigerian Stock Exchange extended its decline on Monday, dropping to a three-month low as 30 firms recorded price depreciation.
Investors lost N149bn at the close of trading as the NSE market capitalisation fell to...
UK Stocks Hit Five-Year Lows
United Kingdom equities are more undervalued compared to their United States and global counterparts than at any point over the last several years, according to new data.
Looking at the ratio of each listed company’s current share price to its 12-month...
Trade War Unsettles Stocks in US, China
The trade war ignited by U.S President Donald Trump against China has caused a dip in the stock markets of both countries.
The Dow Jones industrial average dropped more than 700 points as investors worried that trade tensions between...
NSE Moves To Forestall Price Decline In Newly Listed Entities
The Nigerian Stock Exchange, NSE, has commenced moves to curtail the usual free fall in the share prices of newly listed companies. The floor of Stock exchange This is coming months ahead of the listing...
As Bellwether Stocks Depress Market, NSE Index Falls Further
The equities market depreciated further yesterday as decline by bellwether stocks dragged the Nigerian Stock Exchange (NSE) All-Share Index to shed 1.53 per cent to close at 42,185.38.
Despite the release of improved 2017 results by three...
