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52.5% of firms failed to pay dividend in 2019, says NSE

52.5% of firms failed to pay dividend in 2019, says NSE
onlinenigeria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from onlinenigeria.com Daily Mail and Mail on Sunday newspapers.

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Stocks extend decline as 17 firms record losses

Punch Newspapers
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Published 25 May 2021
The Nigerian stock market extended its decline on Monday as 17 companies saw their share prices decline at the end of trading.
Investors in the market lost N600bn last week as the market capitalisation of equities fell below the N20tn mark.
The Nigerian Exchange Limited All-Share Index and market capitalisation declined by 2.93 per cent to close on Friday at 38,324.07 basis points and N19.98tn respectively.
The ASI fell further by 0.10 per cent on Monday to 38,287.58 basis points while the market capitalisation dropped to N19.96tn.
A total of N141.15 million shares valued at N1.09bn were traded by investors in 3,566 deals on Monday. ....

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Entry Opportunity for Investors as Equities Decline Further

Goddy Egene
Equities investors have an opportunity to enter the market at good valuation as bears depressed prices further last week.
The market, which had gained N148 billion the previous week, shed N603 billion last week following sell pressure that dominated all trading sessions.
The Nigerian Exchange Limited (NGX) All-Share Index (ASI) fell 2.93 per cent to close at 38,324.07, while market closed lower at N19.975 trillion. Year-to-date the market has declined by 4.8 per cent.
Following the growth recorded two weeks ago, analysts at Cordros Securities had envisaged profit-taking last week. A development that led to the decline in prices of 41 stocks, compared to only 26 stocks that appreciated. And analysts said the lower prices offer investors a good opportunity to enter the market. ....

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Breaking News | Breaking News Nigeria's stock market down as 14 companies report loses

Breaking News | Breaking News Nigeria's stock market down as 14 companies report loses
thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.

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