Tag: NGX Exchange
Analysis| Airtel Africa’s Q1 23 earnings in line, valuation premium widens
Stock Rating: SELL
Price Target: N1,051.07
Price (28-Jul-22): N1,905.40
Potential Upside / Downside: -44.8%
Tickers: AIRTELAF NL / AIRTELAFRI.LG
FRI, 29 JULY, 2022-theGBJournal| Airtel Africa (AIRTELAFRI) released its Q1...
Nigerian equities fall further as losses in Tier-1 banks kept market...
WED, 27 JULY, 2022-theGBJournal| Nigerian equities fell further, for the seventh consecutive session, pushing the benchmark All-Share Index down by 0.50% to settle at...
NGX All-Share Index extends losses, down 0.23% as NB leads value...
WED, 20 JULY, 2022-theGBJournal| Today, the NGX Exchange extended losses as the bears had their way for the second consecutive session, bringing the benchmark...
Analysis| Nigeria’s MSCI Index eviction and potential impact
TUES, 28 JUNE, 2022-theGBJournal| On 23 June MSCI Inc., a global provider of equity, fixed income and real estate indexes, announced that it is...
Equities extend gains on demand for telco heavyweight MTNN, FBNH and...
MON, 06 JUNE, 2022-theGBJournal| Starting the week, Nigerian equities extended gains from last week as the All-Share Index closed 0.34% stronger to close at...
Absa highlights data as a key component to improving NGX and...
THUR, 02 JUNE, 2022-theGBJournal| Absa Nigeria, a leading pan-African bank with a strong footprint across the African continent, has advised stock market investors and...
NGX All-Share Index ends the week positive, up 2.09% w/w buoyed...
SAT, 28 MAY, 2022-theGBJournal| The NGX Exchange closed in the green territory despite profit-taking activities in heavyweights in the telecommunications and consumer goods sectors,...
NGX All-Share opens week 0.13% lower with market capitalization shedding N36.90bn
MON, 23 MAY, 2022-theGBJournal | Nigerian equities extended losses from the previous session as the All-Share Index slid 0.13% to close at 52,911.51 points.
On...
Bank stocks out of favour, but offer yield and value
TUE, 17 MAY, 2022-theGBJournal | It has been a challenging 2022 for Nigerian bank stocks. Year-to-date, the sector index has returned a disappointing 7.4%...
NGX All-Share Index falls 0.29%, the most in a single day...
MON, 16 MAY, 2022-theGBJournal | Nigerian equities snapped a three-day winning streak today as the NGX All-Share Index lost 0.29%, the most in a...