November 25, 2020/Fitch Ratings Fitch Ratings has affirmed Seplat Petroleum Development Company Plc’s (Seplat) Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Positive Outlook. Fitch has also affirmed Seplat’s USD350 million 9.25% coupon senior notes due 2023 at ‘B-‘, with a Recovery Rating of ‘RR4’. The Positive Outlook reflects […]
Investors Bite
Buy Interests Resume as NSE-ASI Gains +0.65%
November 24, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.65% to close at 34,119.74pts. In today’s trade, market breadth index was positive with 25 gainers against 16 losers . UCAP (+9.52%) led the gainer’s chart today, while ETERNA (-9.98%) was the top loser. ZENITHBANK (-0.21%) was the most actively traded stock with about 72million units of […]
Bulls Resurface on Nigerian Bourse, Index Inch Up -0.65% on Banking Counters
November 24, 2020/Cordros Report EQUITIES The bulls resurfaced in the domestic bourse, as the All-Share Index snapped yesterday’s loss, following investors’ interests in some banking names. Consequently, the NSE ASI advanced by 0.6% to 34,340.56 points. Accordingly, Month-to-Date and Year-to-Date gains increased to 12.5% and 27.9%, respectively. The total […]
