Investors Bite

Share Capital Reconstruction: NGX Places NEM Insurance on Full Suspension

December 20, 2021/NGX Further to our market bulletin of 7 December 2021 with reference number: NGXREG/LRD/MB54/21/12/07 regarding the proposed share capital reconstruction of NEM Insurance Plc (NEM Insurance or the Company), trading in the shares of NEM Insurance Plc was suspended on Friday, 10 December 2021. The suspension was effected pursuant to […]

Domestic Stocks Close in Green +1.1% Buoyed by Bellwether

Local stocks closed in the green territory despite profit-taking activities, as the All-Share Index ended the week 1.1% higher to settle at 42,353.31 points. December 17, 2021/Cordros Report Global economy At its last meeting of the year, the Federal Open Market Committee (FOMC) voted to keep the key policy rate […]

Nigerian Stocks Close Week Positive +1.12%

December 17, 2021/InvestmentOne Report The Nigerian equities market closed northwards by 0.20% as NGX-ASI closed at 42,353.31 pts. Similarly, the NGX-ASI gained 1.12% WTD.  In today’s trade, market breadth index was positive with 21 gainers against 19 losers.  PHARMDEKO (+10.00%)  led the gainers, while CHAMPION (-10.00%) was the top loser today.  INTBREW (+3.19%)  was the most actively traded stock with […]