Page 12 - Eterna Plc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Punch Newspapers Sections ’Femi Asu Investors lost N20bn on Wednesday as the nation’s stock market extended its decline to the third consecutive trading session amid profit-taking. Five insurance stocks were among the top six losers at the end of trading on Wednesday. The market had on Monday started the month on a negative note, ending a five-day gaining streak. The market capitalisation of equities listed on the Nigerian Stock Exchange had risen by 3.44 per cent last week as the market continued its upward trend for five consecutive trading sessions. Investors gained over N1tn in Januar...

By Goddy Egene The stock market recorded further growth yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 0.8 per cent to close at 39,110.17, while the market capitalisation added N167.6 billion to close at N20.4 trillion. Although nine stocks appreciated compared with 20 stocks that depreciated, the performance was buoyed by strong demand for the shares BUA Cement Plc( 6.7 per cent), Zenith Bank Plc (2.0 per cent) and Access Bank Plc. However, Jaiz Bank Plc led the price gainers’ chart with 10 per cent trailed by NEM Insurance Plc with 9.5 per cent. LASACO Assurance...

The board of Eterna Plc, on Monday, informed investors through the Nigerian Stock Exchange (NSE) of negotiations by some of its substantial shareholders to sell their equity stakes in the company to an unnamed ‘New Investor’. As part of the process, according to Bunmi Agagu, Company Secretary/Legal Adviser, a request by the proposed New Investor to undertake due diligence exercise on the company has received board approval, following a review at its meeting of Monday, December 21, 2020. The notice assured that the company will continue to report such matters and will continue to do so in ...

Punch Newspapers Sections Johnson Okafor Transactions in the equities market, on Wednesday, sustained bullish rally as the Nigerian Stock Market All-Share Index appreciated by 2.40 per cent. The market breadth closed positive with 26 gainers against seven losers. The ASI grew by 910.13 basis points from 37,893.61 index points the previous day to 38.803.74 while the market capitalisation of equities appreciated by N475bn to close at N20.28tn from N19.81tn. On the activity chart, the premium subsector dominated in volume terms with 1.13 billion shares exchanged in 1,728 deals. The subsector was...

Punch Newspapers Sections Johnson Okafor Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by1.73 per cent. However, market breadth closed flat with 23 gainers against 23 decliners. Consequently, the All-Share Index grew by 638.65 basis points or 1.73 per cent from 36,804.75 index points last Friday to 37,443.40. The market capitalisation of equities appreciated by N334bn to close at N19.57tn from N19.24tn. On the activity chart, the insurance sub-sector dominated in volume terms as 153.47 millio...