Latest Breaking News On - இறையாண்மை நம்பிக்கை காப்பீடு ப்ல் - Page 1 : comparemela.com

16 insurance firms pay N67 12bn claims in six months

Adepeju Adenuga Published 7 August 2021The total claims paid by sixteen insurance companies in the country rose by 36.48 per cent in the first half of this year from N49.18bn in the same period of 2020.An analysis of data collated by our correspondent from the companies’ unaudited financial statements showed that they paid policyholders N67.12bn in claims in H1 2021.The PUNCH had reported in July that the Commissioner for Insurance, Mr Sunday.

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Trading Value Falls as Investors Adopt Cautious Trading

Goddy Egene Both volume and value of trading at the stock market fell last week as investors continued with profit-taking and cautious approach while waiting for the release of half year corporate results. The volume of trading fell by 25 per cent from 1.348 billion shares worth N12.140 billion to 1.008 billion shares valued at N10.923 billion. Also the Nigerian Exchange (NGX) Limited All-Share Index (ASI) declined by 0.12 per cent to close at 37,947.18, while market capitalisation shed N24.5 billion to be at N19.771 trillion. After declining the previous week, the bearish sentiments persisted last week for the second consecutive week, as investors booked profits on bellwether stocks. They were also cautious by investors as they await the release of Q2-21 earnings. However, while investors are eagerly waiting for the performance of companies, United Capital Plc on Wednesday announced its results for H1.

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NGX All-Share Index Sheds 0 36% as Market Extends Bearish Trend

By Goddy Egene The stock market opened for the week extending the negative performance of last week with the Nigerian Exchange (NGX) Limited All-Share Index (ASI) declining by 0.36 per cent to close at 37,857.89 yesterday. Similarly, the market capitalisation shed N70.9 billion to close lower at N19.723 trillion. The market had went into the bears’ territory last week due to profit-taking after a positive performance the previous week. Specifically, the market dipped by 0.57 per cent. That bear run was extended to yesterday following sustained profit-taking in MTN Nigeria Plc, Zenith Bank Plc and BUA Cement Plc. Although only 13 stocks depreciated compared with 16 price gainers, losses by the bellwethers propelled the negative close. Market operators had said the market would display a mixed trend, on profit-taking and repositioning for half-year earnings reporting season kicking off any time soon.

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Stock Market Gains N151bn as Bulls Consolidate Hold

Stock Market Gains N151bn as Bulls Consolidate Hold
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Equities Market Rebounds as Bulls Return

Equities Market Rebounds as Bulls Return
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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