Investors Bite

CAP Plc Lists 26,487,980 Ordinary Shares from Scrip Dividend Election Scheme

September 26, 2022/NGX An additional 26,487,980 ordinary shares of 50 kobo each of Chemical and Allied Products Plc (CAP or the Company) were on Tuesday, 20 September 2022, listed on the Daily Official List of the Nigerian Exchange Limited (NGX).  The additional shares listed on NGX arose from CAP’s Scrip […]

NGX: Local Outperform Foreign Investors by 54% in August 2022

September 26, 2022/NGX On a monthly basis, Nigerian Exchange Limited (“NGX”) polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4 flows. As at 31 August 2022, total transactions at the nation’s bourse increased by 22.52% from N101.18billion (about $236.86million) in July 2022 5 to N123.97billion […]

Nigerian Stocks Close Week -0.9% Down on Profit-Taking in Bellwether Counters

The Nigerian equities market mirrored the downbeat mood across global stocks, as investors booked profits on bellwether stocks. Precisely, the All-Share index shed 0.9% to close at 49,026.62 points. September 23, 2022/Cordros Report Global Economy The Federal Open Market Committee (FOMC) voted to increase the target range for the federal […]