May 11, 2022/P+ Measurement Services Stanbic IBTC Asset Management Limited (the “Fund Manager”), a subsidiary of Stanbic IBTC Holdings PLC, is pleased to announce that the N15 billion Series II Offer (the “Offer”) under its Stanbic IBTC Infrastructure Fund (the “Fund”) N100 billion Shelf Programme is now open and scheduled […]
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Bullish Momentum Resurfaces as NGX ASI Rises +2.0% on Gains in Bellwether Counters
May 11, 2022/Cordros Report EQUITIES Bullish sentiments returned to the Nigerian equities market as investors’ demand for the top communication player – MTNN (+9.2%), drove the benchmark higher. Precisely, the All-Share Index increased by 2.0% to 52,838.45 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +6.5% and +23.7%, respectively. […]
MIDDAY UPDATE: Nigerian Stocks Head Northward, Gains +2.12%
May 11, 2022/InvestmentOne Report ASI as at 12.00pm: +2.12% Market movers: CHAMPION (+9.93%), MCNICHOLS (+9.90%), RTBRISCOE (-8.70%) and CAVERTON (-4.76%). Sector Performances: Consumer Goods (+1.45%), Industrial (+1.27%), Oil and Gas (+0.36%) and Banking (+0.10%). Market activity: In today’s trade, total volume and value increased by 11% and 2% respectively compared to […]
