Investors Bite

NGXASI regains momentum…climbs 9bps

November 3, 2021/United Capital Research In yesterday’s trading session, the Nigerian Exchange Group regained some bullish momentum as the benchmark All Share Index increased by 9bps to close at 42,013.4 points, up from 41,976.8 points the previous session. The NGXASI market capitalisation increased by N36.6bn to N21.9tn, as YTD return strengthened […]

Nigerian Bourse Reverses Previous Loss, Index Gains -0.11% Driven by BUACEMENT

November 2, 2021/Cordros Report EQUITIES The domestic bourse reversed yesterday’s loss following investors’ buying interest in bellwether stock – BUACEMENT (+3.5%). Precisely, the All-Share Index inched higher by 0.1% to 42,013.39 points. Thus, Month-to-Date loss printed -0.1% while the Year-to-Date gain increased to +4.3%. The total volume traded declined by […]

Guinness Nigeria Shareholders Approves N1.0 Billion Dividend for 2021 FYE

November 1, 2021/NGX Shareholders of Guinness Nigeria Plc have approved the N1.008billion dividend declared and recommended by the Board of the Company at the 71st Annual General Meeting held in Lagos, as the Company recorded a 54% increase in revenue for the year ended June 30, 2021. Appreciating the support of […]