Investors Bite

NSE-ASI Jumps +3.4% Week-on-Week , Closes above 42,000 Point Highest Level Since March 2018

In line with our expectation, positive sentiments returned to the local bourse this week, as the gradual release of corporate earnings bolstered buying interests in dividend-paying stocks. This was further strengthened by the outcome of the MPC meeting which reinforced the theme of “lower for longer” yields in the FI […]

Nigerian Stocks End Week Positive Gains +3.44%

January 29, 2021/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 0.58% to close at 42,412.66pts. In the same vein, the Index gained 3.44%WTD. Similarly, market breadth index was positive with 29 gainers against 25 losers. NEM (+10.00%) led the gainer’s chart today, while TRANSEXPR (-10.00%) was the top loser. UBN […]

Transcorp Hotel Commemorates N10Bn Rights Issue Listing with NSE Digital Closing Gong Ceremony

January 28, 2021/NSE Transcorp Hotels Plc commemorated the listing of its Rights Issue of 2,642,124,511 additional Ordinary Shares valued at N10 Billion on the floor of The Nigerian Stock Exchange (NSE or The Exchange) today, 28 January 2021. The listing was commemorated with a digital Closing Gong ceremony at the […]