Investors Bite

Ikeja Hotel Says N1.4 Billion Loss in Q3 2020 Due to COVID-19 to Affect Dividend Declaration

November 3, 2020/NSE Ikeja Hotel Plc has issued a Statement to its Shareholders on the unaudited group Accounts for the third quarter ended September 30, 2020.  The statement stated that the Loss After Tax of N1.4 Billion recorded by the group in the Third Quarter Financial Statements was due to the continued effects […]

NSE Records First Gain in November as Year-to-Date Appreciates +14.5%

 November 3, 2020/Cordros Report EQUITIES The local bourse rebounded today, following significant interest in DANGCEM (+5.6%). Thus, the All Share Index recorded its first gain in November, as it advanced by 0.8% to 30,733.47 points. Accordingly, Month-to-Date return (+0.7%) turned positive, as Year-to-Date gain increased to 14.5%.   The total […]

Nigerian Stocks Gain +0.83% as the Bulls Return to the Market

November 3, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.83% to close at 30,733.47pts.  In today’s trade, market breadth index was positive with 24 gainers against 18 losers. WAPIC (+10.00%) led the gainer’s chart today, while NPFMCRFBK (-8.82%) was the top loser. ZENITHBANK (-0.46%) was the most actively traded stock with about 41million units of shares […]