NSE: Investors devise survival strategies

By TESLIM SHITTA-BEY As the Nigerian All Shares Index (ASI) scrapes past a downward slanting tunnel, a growing number of investors in the local stock market have started to rebalance their equity portfolios. Investors who have largely been exposed to fast moving consumer goods industries (FMCG’s) are beginning to redirect scarce cash to banking sector More...

by Uchenna Ajah | Published 3 hours ago
By Uchenna Ajah On Sunday, August 19th, 2018
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Interim Dividends: Naira rain at GT Bank

By OKEY ONYENWEAKU With its year on year yield at 9.98 per cent, GT Bank Plc has become the toast of local investors as its stock price bounced from N24 per share at the start of 2017 to a more recent price of N38. More...

By Uchenna Ajah On Sunday, August 12th, 2018
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Stocks: Oil sector stocks defy economic downturn in 2nd Quarter

By TESLIM SHITTA-BEY Despite a mild economic recovery in 2018, Oil sector stocks listed on the main board of Nigeria’s stock exchange are only recently shaking off the anguish of last year’s sector melt down. More...

By Uchenna Ajah On Sunday, August 12th, 2018
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Bears clobber Bulls in major rout

By FELIX OLOYEDE After a stellar 2017, The Nigerian Stock Exchange (NSE) has collapsed to becoming the fourth worst performing equity market on the global over the last six months as political pressure and a United More...

By Uchenna Ajah On Sunday, August 5th, 2018
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Stocks: Investors scout for hidden value as market turns bearish

By TESLIM SHITTA-BEY As Nigeria’s Stock Exchange’s All Shares Index (ASI) dips below a year-to-date yield of zero per cent (-4.58 per cent at the close of the previous week’s business on Friday), a More...

By Uchenna Ajah On Sunday, August 5th, 2018
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Nestle’s surging profits confound market

By OKEY ONYENWEAKU Nestle Nigeria has resisted the smothering effect of a weak economy and raised its head high. Pushing back on the harsh macro-economic environment, the company beat analysts’ expectations in More...

By Uchenna Ajah On Sunday, July 15th, 2018
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Bearish market force investors to retreat

By TESLIM SHITTA-BEY Investors have had a turbulent time with the  stock market this year; right from the end of the first quarter of the year when the market’s main board went into a tailspin, investors More...

By Uchenna Ajah On Sunday, July 1st, 2018
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Big banks in equity market slump

By OKEY ONYENWEAKU Investors are seeking bumper harvests by year end as they begin to cherry pick low priced banking sector stocks. Price earnings ratio (P/E) for banks has continued to dip over the last two quarters More...

By Uchenna Ajah On Thursday, June 21st, 2018
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Seplat Petroleum succumbs to profit taking

Seplat Petroleum, for the second day running topped the losers’ table on the Nigerian Stock Exchange (NSE), dropping by N32.20 to close at N685 per share, amid profit taking. Seplat Petroleum succumbs to profit More...