Page 3 - Meyer Plc News Today

Following gains in 32 stocks, transactions on the Nigerian Exchange Limited (NGX) reopened on an upward note yesterday, as investors’ wealth appreciated by N128 billion.

Trading activities of the equities market on the Nigerian Exchange Ltd.(NGX) closed on an upward trend on Friday, halting the bearish sentiments recorded in two consecutive days. | Pulse Nigeria

The bears resurfaced in the equities sector of the Nigerian Exchange Limited (NGX) yesterday, occasioned by losses in many blue-chip stocks, especially Nigerian Exchange Group (NGXGroup) and Nigerian Breweries (NB) as market capitalisation depreciated by N6 billion.

Uncertainty in the global economy coupled with insecurity in the country and other macroeconomic challenges have continued to take a toll on the capital market as investors' wealth depreciated by N213 billion in March.

Following gains recorded by MTN Nigeria and 15 other stocks, yesterday, the capital market rebounded after two days of bearish trading, as market capitalisation increased by N33 billion.

Last week, equities investors at the Nigerian Exchange Limited (NGX) earned N253 billion during the five days trading session.

Bargain-hunting in many blue-chip stocks, especially Red Star Express and Meyer, aided the Nigeria Exchange Limited’s (NGX) rebound yesterday, as the All-Share Index (ASI) increased by 0.09 per cent.

Market sentiment remained negative with 18 laggards, relative to 13 gainers. | Pulse Nigeria

The Nigerian capital market ended the week in the negative territory as investors traded 1.278 billion shares worth N17.340 billion in 21,052 deals. This |

Punch Newspapers Sections Published 23 June 2021 The Nigerian Exchange Limited has imposed a total penalty of N719.7m on 14 companies listed on the stock market for late filing of their audited and interim financial statements. The NGX disclosed this under the ‘2021 default filings’ section of a report obtained by our correspondent on Tuesday. The companies that filed their financial statements after the regulatory due date include Japaul Gold and Ventures Plc, Conoil Plc, Meyer Plc, Corner...