Friday, September 23, 2022
CEM REPORT | Trading in the week was dominated by profit taking leading to depression in the breadth of the market at close of the week A total turnover of 1.374 billion shares worth N23.786 billion in 28,809 deals was traded this week by investors on the floor of the...
CEM REPORT | At the close of trading on Tuesday the Nigeria Exchange (NGX) closed positive as the benchmark All Share Index (ASI) closed 47,545.86 points. Amidst sell-offs and buy-interest ASI appreciated by 0.07 percent from the previous day tradimg, a Year-to-Date (YTD) return of 11.31%. Market capitalization grew by N19.13...
CEM REPORT | Oil prices have continued upward trajectory being exacerbated by the United States ban on Russian oil as a strategy to weaken Russian foreign funding for its invasion of Ukraine. Prices have spiked staying above US$130 Wednesday. Nigerian crude, Bonny Light hit US$132.2 per barrel Wednesday, highest in...
CEM REPORT | Champion Breweries Plc on Wednesday published its Audited Financial Statement for the year ended 31 December 2021, the result which shows significant growth in the Company’s top line and bottom line figures. The Company reported a turnover of N10.518 billion, up by 49.16% from N7.052 billion while...
CEM REPORT | The Nigerian Exchange has notified Trading Licence Holdersof the listing of the February 2022 Issue of the Federal Government of Nigeria (FGN) Savings Bonds on Friday, 25th February, 2022. This was contained in the weekly report of The Exchange on Friday The Debt Management Office (DMO), on...
CEM REPORT | The NGX Regulation Limited has clarified on its role in the determination of listing price of Issuers in a press statement sent to Continental Economy Magazine Wednesday. In the statement, NGX Regulation has categorically stated that it has no role to play in determining listing prices of...
CEM REPORT | Ms. Tinuade Awe, the Chief Executive Officer, NGX Regulation Limited (NGX RegCo), has harped on the need for corporate bodies to adopt sound procedures in their reporting on their environmental and social impact. This is contained in a statement sent to Continental Economy Magazine by the Nigerian...
CEM REPORT | Director, Global Business Development CISI, Chartered Institute for Securities and Investment, Mr. Kevin Moore, has acclaimed The Nigerian Exchange as one of the best partners the CISI has had in its 30 years of existence. Moore stated this Thursday in NGX at the closing gong ceremony to...
CEM REPORT | The price of wheat in the international market has risen to a record high following Russian invasion of Ukraine. Prices reached a 14-year high at the end of last week. The commodity is currently selling at EUR 403.50 per ton, a more than 50% rise over a...
CEM Report, Lagos In pursuance of enhanced trading experience, the Nigerian Stock Exchange (NSE) has upgraded its Data Portal (X-DataPortal) as announced on Monday, 22 June 2020, by the Exchange. The revamped X-DataPortal, accessible via https://dataportal.nse.com.ng, provides a more efficient, user-friendly experience for subscribers. The new features include data products, subscription...