Investors Bite

DANGCEM, ZENITH, Other Banking Stocks Drag Nigerian Stocks Down -1.96%

February 10, 2021/Cordros Report EQUITIES Negative sentiments persisted in the domestic equities market, as the benchmark index fell by 1.96% to 40,696.01 points. The NSE ASI was dragged by profit-taking on DANGCEM (-7.4%) and some banking stocks – ZENITHBANK (-3.1%) and UBA (-6.9%). Consequently, the Month-to-Date loss increased to -4.1%, […]

SUNUAASSUR Says N3.01 Billion Private Placement 100% Subscribed

February 9, 2021/NSE Sunu Assurances Nigeria Plc announces the result of the Private Placement exercise of 3,010,800,000 ordinary shares of 50 kobo each at N1.00 per share, with respect to the Private Placement Memorandum dated Monday, January 4, 2021. A total of two (2) applications for 3,010,800,000 ordinary shares were […]

GTBank, ZENITH, INTBREW Drags NSEASI to Eight Straight Session Loss

February 9, 2021/Cordros Report EQUITIES The local bourse sustained yesterday’s bearish performance, with the NSE ASI recording its eighth consecutive loss, following sell-offs on ZENITHBANK (-0.8%), GUARANTY (-0.5%) and INTBREW (-2.6%) stocks. Specifically, the All-Share Index declined by 0.1% to 41,510.16 points. Accordingly, the Month-to-Date loss increased to 2.1%, while […]