Investors Bite

LASACO Announces Completion of Share Reconstruction

March 1, 2021/NSE We refer to our market bulletin of 1 February 2021 with reference number: NSE/RD/LRD/MB07/21/02/01, wherein the Market was notified that trading in the shares of LASACO Assurance Plc (LASACO or the Company) was placed on full suspension effective Monday, 1 February 2021 as a result of the […]

MIDDAY UPDATE: Nigerian Stocks Up +0.44%, Driven by Gains in Banking, Industrial Counters

March 1, 2021/InvestmentOne Update ASI as at 12.00pm: +0.44%. Market movers: WEMABANK (+7.94%), UACN (+6.67%), STERLNBANK (-8.77%) and PZ (-7.55%), Sector Performances:  Industrial (+1.62%), Banking (+0.21%), Oil & Gas (-0.10%) and Consumer Goods (-0.01%). Market activity: In today’s early trade, total volume and value decreased by 40% and 48% respectively […]

NSE Dips -0.96% W-t-D Dragged by Rout in Global Equities, Rising FI Market Yield

The local bourse was not immune to the rout in global equities as the market suffered its fourth consecutive weekly loss, amid growing concerns about the rising yields in the FI market. February 26, 2021/Cordros Report Global economy According to Eurostat’s harmonised inflation data, consumer prices in the Euro Area […]