Investors Bite

eTranzact Lists Additional 2.43 Bn Shares from Rights Issue of 4.67bn Ordinary Shares

April 19, 2021/NGX Group 2,434,566,483 ordinary shares of eTranzact Plc (the Company) were listed on the Daily Official List of the Nigerian Exchange Limited (the Exchange) on Monday, 12 April 2021. The additional shares listed on the Exchange arose from the Company’s Rights Issue of 4,666,666,667 ordinary shares of 50 […]

Nigerian Stocks Open Week Positive +0.12% on Gains Across Sectors

April 19, 2021/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained by 0.12% to close at 38,849.54pts. Similarly, market breadth index was positive with 18 gainers against 12 losers. FCMB (+9.77%) was the top gainer, while FTNCOCOA (-10.00%) led the losers today. MTNN(+0.18%) was the most actively traded stock with about 181.73million units of shares worth […]

Bears Back to the Nigerian Bourse, Index Dips -0.2% Week-on-Week

The bears managed to come out top after defeating the bulls in three of the week’s five trading sessions. Consequently, the All-Share Index declined by 0.2% w/w to close at 38,808.01 points. As a result, the YTD loss rose to -4.2%. April 16, 2021/Cordros Report Global economy Rising gasoline prices […]