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Tag: STOCK PERFORMANCE

Business / economics

Investors in Nigerian Stocks Witness N91 Billion Profit Rebound

March 3, 2025March 3, 2025 - by Carmen Mendez - Leave a Comment

Nigerian investors recorded a profit of N91 billion on Friday, ending the week positively. Market capitalization rose to N67.193 trillion, and the All-Share Index increased by 146 points. Despite this, …

Investors in Nigerian Stocks Witness N91 Billion Profit Rebound Read More
Business

RCL Foods Achieves 38.8% Increase in Half-Year Earnings

March 3, 2025March 3, 2025 - by Marcus Chen - Leave a Comment

RCL Foods reported a remarkable 38.8% increase in half-year earnings, driven by its groceries and baking divisions. Headline earnings per share rose to 109.4 South African cents from 78.8 cents …

RCL Foods Achieves 38.8% Increase in Half-Year Earnings Read More
Business

Egypt’s Private Banks Record Unprecedented Profits in 2024

March 1, 2025March 1, 2025 - by Allegra Nguyen - Leave a Comment

In 2024, private banks in Egypt reported record profits due to substantial growth in interest income and operating revenues. Key players such as the Commercial International Bank and Faisal Islamic …

Egypt’s Private Banks Record Unprecedented Profits in 2024 Read More
Business / Companies

Silver X Mining Reports 18% Tonnage Increase at Nueva Recuperada Property

February 28, 2025February 28, 2025 - by Liam Nguyen - Leave a Comment

Silver X Mining has increased the measured and indicated tonnage at its Nueva Recuperada Property in Peru by 18%. The company’s notable updates include significant increases in silver, gold, lead, …

Silver X Mining Reports 18% Tonnage Increase at Nueva Recuperada Property Read More
Business

Nigerian Stock Market Recovers Modestly with 0.02% Gain After Loss Streak

February 27, 2025February 27, 2025 - by Carmen Mendez - Leave a Comment

The Nigerian stock market rebounded by 0.02% on Wednesday, with market capitalization rising to N67.179 trillion. Notable gainers included UH Real Estate Investment Trust and Africa Prudential, with significant trading …

Nigerian Stock Market Recovers Modestly with 0.02% Gain After Loss Streak Read More
Business

Petrobras Shares Decline Following Unexpected Increase in Capital Expenditures

February 27, 2025February 27, 2025 - by Sofia Nawab - Leave a Comment

Petrobras shares fell 4% in Sao Paulo after the company announced a capital expenditure for 2024 that exceeded previous guidance by 15%. The reported spending of $16.6 billion for 2023 …

Petrobras Shares Decline Following Unexpected Increase in Capital Expenditures Read More
Business

Wall Street Sees Mixed Outcomes on February 6, 2025

February 8, 2025February 8, 2025 - by Allegra Nguyen - Leave a Comment

On February 6, 2025, Wall Street closed mixed; the S&P 500 rose by 0.4%, while the Dow fell 0.3%. Ford and Qualcomm’s profits did not prevent stock declines. However, Tapestry …

Wall Street Sees Mixed Outcomes on February 6, 2025 Read More
Business

Algorithmiq Secures $15M to Advance Quantum Computing in Drug Discovery

January 13, 2025January 13, 2025 - by Sofia Nawab - Leave a Comment

Algorithmiq has raised $15 million in Series A funding to enhance its quantum computing technologies for drug discovery. Led by Inventure VC, the investment will help streamline processes that usually …

Algorithmiq Secures $15M to Advance Quantum Computing in Drug Discovery Read More
Business

Colombia Stock Market Closes Higher; COLCAP Index Reaches New High

December 3, 2024December 3, 2024 - by Carmen Mendez - Leave a Comment

On Monday, Colombian stocks rose, with the COLCAP index increasing by 0.47% to reach a new three-month high. Gains were led by sectors such as Industrials, Services, and Agriculture. Canacol …

Colombia Stock Market Closes Higher; COLCAP Index Reaches New High Read More
Business

European Stocks Rise as Focus Shifts to U.S. Election and Health Care Earnings

November 6, 2024November 6, 2024 - by Marcus Chen - Leave a Comment

European stocks opened higher as the Stoxx 600 rose by 1.17% amid focus on the U.S. election count. Health care stocks gained 2.71%, spurred by Novo Nordisk and Siemens Healthineers’ …

European Stocks Rise as Focus Shifts to U.S. Election and Health Care Earnings Read More

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