Investors Bite

Seplat Reports Loss before Tax of N45.5 Billion in Q3 2020

October 30, 2020 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Dual listed  Nigerian oil & gas exploration and production company, Seplat Petroleum Development Company Plc on Friday reported a loss before tax (LBT) of N45.5 billion in its third quarter (Q3) period ended September 30, 2020 compared to a profit before tax […]

NSE Bullish Momentum Switches to Higher Gear as Index Hits Over 30,000 Points Highest Level in 15 Months

The bullish momentum in the local bourse switched into a higher gear as investors hunted for bargains following broadly positive corporate earnings released during the week.Accordingly, the All-Share Index broke through 30,000 psychological mark, a level last seen in June 2019, and closed at 30,530.69 points, the highest level in […]

Investors Remain Bullish as NSE-ASI Gains +3.71%, Week-to-Date Appreciates +6.39%

October 30, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained by 3.71% to close at 30,530.69pts. Similarly, the Index gained 6.39%WTD In today’s trade, market breadth index was strongly positive with 43 gainers against 11 losers. NESTLE (+10.00%) led the gainer’s chart today, while PRESTIGE(-10.00%) was the top loser. UBA (+4.05%) was the most actively traded stock with about 109million units of […]