Company Focus: AFPRINT NIG PLC

The company was incorporated in Nigeria as a private limited liability company on 11th December, 1964 and became a listed company in 1978. The shares are quoted on the Nigerian Stock Exchange. The company and its subsidiaries are mainly into Agricultural developments activities such as cotton cultivation, cotton ginning, manufacturing of edible oil and the supply of Agricultural inputs to farmers and government agencies.

NSE Market Review [18-22 July]

It might be too early to give up on this market. Although higher highs are preferred, the current move to lower lows for the NSE-ASI is not strange. There appear to be four resistance points in the markets near term trading pattern; 25,000 (which has been breached); 23,000; 21,000 and 20,000.

Company Focus: Studio Press

Studio Press is involved in lithographic printing and manufacturing of cartons, light packaging materials like labels and flexo printing such as nylons and poly wrappers.The company was incorporated on 9th July, 1965 under the name of Studio Press (Nigeria) Limited and converted to a public company in 1979.