Investors Bite

Nigerian Stock Exchange Inaugurates Its Claims Review Panel

January 8, 2021/NSE In preparation for its imminent demutualisation, the Nigerian Stock Exchange (“The Exchange”) inaugurated its Claims Review Panel (the Panel) on 21 December 2020, pursuant to the provisions of the Demutualisation of The Nigerian Stock Exchange Act 2018 (the “Act”). The Panel serves as an independent alternative dispute […]

Profit Taking in DANGCEM Drags NSE-ASI Down, Week-to-Date Plunge -0.37%

January 8, 2021/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 1.16% to close at 40,120.22pts. Similarly, the Index lost 0.37%WTD. However, market breadth index was positive with 39 gainers against 11 losers. SEPLAT (+10.00%) led the gainer’s chart today, while DANGCEM (-8.13%) was the top loser. ACCESS (+2.84%) was the […]

GTBank, Nigerian Breweries, SEPLAT Boost Nigerian Stocks to Second Straight Gain +0.3%

January 7, 2021/Cordros Report EQUITIES The local bourse sustained its positive run, as buying interests in SEPLAT (+10.0%), NB (+3.6%) and GUARANTY (+1.5%) stocks buoyed a second consecutive gain in the market. Against the foregoing, the NSE ASI notched a 0.3% gain to close at 40,590.85 points, with Month-to-Date and […]