October 27, 2020/Cowry Asset • Chemical and Allied Products PLC (“CAP”) and Portland Paints and Products Nigeria PLC (“Portland Paints”) notified the Nigerian Stock Exchange (NSE), and the general public of their Boards of Directors’ decision to merge their respective businesses in accordance with applicable laws; with CAP emerging as […]
Investors Bite
MIDDAY UPDATE: Nigerian Stocks Appreciates +0.43% on Gains Across Sectors
October 27, 2020/InvestmentOne Report ASI as at 12.00pm: +0.43%. Market movers: CONOIL (+9.81), LIVESTOCK (+9.68%), PZ (-6.67%) and CAVERTON (-6.52%). Sector Performances: Banking (+1.39%), Consumer Goods (+0.46%), Industrial (+0.41%), and Oil & Gas (+0.38%). Market activity: In today’s early trade, while total volume rose by 30%, total value dipped by 55%, compared to yesterday, as investors have traded about 157million units of shares worth N1.28billion. FBNH (+0.71%) is […]
Nigerian Equities Index Advances by 0.28% amid Sustained Bullish Activity
October 26, 2020/Cowry Asset Report The Nigerian bourse resumed the week in positive territory as its index rose by 0.28% amid sustained bargain hunting activity. Hence, the year to date gain of the NSE ASI climbed to 7.2%. Also, the number of gainers (26) outweighed that of the losers (15) […]
