Losses recorded in the shares of heavyweight cement companies DANGCEM and BUACEMENT, on the first trading day of the week, offset the cumulative gains of 1.9% as of Friday, as the local bourse suffered its second consecutive weekly loss. As a result, the All-Share Index declined marginally by 0.1% w/w […]
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MIDDAY UPDATE: Nigerian Stocks Gain +0.08%, Driven by Banking Counters
June 24, 2022/InvestmentOne Update ASI as at 12.00pm: +0.08% Market movers: MAYBAKER (+8.47%), JAPAULGOLD (+6.90%), UNITYBNK (-6.12%) and LIVESTOCK (-5.84%). Sector Performances: Banking (+0.30%), Consumer Goods (-0.87%), Oil and Gas (-0.09%) and Industrial. Market activity: In today’s trade, total volume and value decreased by 19% and 32% respectively, compared to […]
Another Oil & Gas Firm Likely to Delist from NGX Exchange
June 24, 2022/CSL Research Following a petition filed for and on behalf of fourteen (14) minority shareholders of Oando, holding a total of 299,257,869 shares led by Venus Construction Company Limited on 25 March 2021 at the Federal High Court, Lagos, the majority shareholder in Oando Plc has agreed to […]
