Capital Market

Stocks Reverse Three-Day Losing Streak, as Forte Oil Lead Gainers

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday reversed its three-day losing streak, with the all-share index (ASI) advancing 0.18 percent to close at 26,464.82 points. “Today’s positive performance increased the Month-to-Date gain to 4.49 percent, while it reduced the Year-to-Date loss to 7.85 percent,” according to Cordros daily […]

Shareholders Endorse Delisting of ASHAKACEM

December 22, 2016/NSE This Public Notice is issued pursuant to the Listing Rules of The Nigerian Stock Exchange (‘’the NSE’’ or ‘The Exchange’’). At an Extra-Ordinary General Meeting of AshakaCem Plc (‘’AshakaCem’’ or ‘’the Company’’) duly convened and held on Monday December 19, 2016 the shareholders of the Company approved […]

Stocks Record Third Straight Loss

21/12/2016/Cordros Research The Nigerian equities market recorded its third straight loss this week, with the All Share Index shedding 0.46% to close at 26,418.11 points. Today’s negative performance reduced the Month-to-Date gain to 4.32%, while it increased the Year-to-Date loss to 8.02%. The Oil & Gas (-3.71%) and Banking (-0.49%) […]