Investors Bite

Oando Says Will Delay Release of Q3 2020 Financial Report

December 7, 2020/NSE Pursuant to the directive of the Nigerian Stock Exchange (NSE) this is to update Oando PLC’s (referred to as “Oando” or the “Company”) shareholders and stakeholders of the delay in the release of the Company’s 2020 Q3 Unaudited Financial Statements (“2020 Q3 UFS) by the due date […]

Sell-Offs in ETI, Nigerian Breweries, ZENITH Drags NSEASI Down -0.2%

December 7, 2020/Cordros Report EQUITIES Trading in the domestic bourse opened the week with negative trading, following sell-offs on ETI (-8.5%), NB (-1.8%) and ZENITHBANK (-1.0%) stocks. Thus, the benchmark index declined by 0.2% to 35,064.36 points. Consequently, Month-to-Date and Year-to-Date gains moderated to 0.1% and 30.6%, respectively.   The […]

Nigerian Bourse Index Falls by -0.21% amid Renewed Bearish Activity

December 7, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.21% to close at 35,064.36pts. However, market breadth index was somewhat flat with 16 gainers against 15 losers . LIVESTOCK (+9.92%) led the gainer’s chart today, while TRANSCOHOT (-10.00%) was the top loser. UBA (+0.61%) was the most actively traded stock with about 89million units of […]