August 21, 2020/Cowry Asset Conoil Plc churned out weaker operating performance in H1 2020 as its revenue was hard hit amid strict restrictions on movements, particularly at the inception of Q2 2020, due to COVID-19 pandemic fears. Despite Conoil’s liquidity issues, declining revenue and possible lower profit which may lead […]
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MIDDAY UPDATE: Nigerian Stocks Gain +0.24%, Boosted by Banking, Consumer Goods Names
August 21, 2020/InvestmentOne Update ASI as at 12.00pm: +0.24%. Market movers: CHAMPION (+9.86%), INTBREW (+9.09%), CUTIX (-9.37%), and ABCTRANS (-6.98%). Sector Performances: Consumer Goods (+1.01%), Banking (+0.77%), Industrial (-0.01%) and Oil & Gas. Market activity: In today’s early trade, while total volume declined by 34%, total value increased by 101%, compared to this time yesterday, as investors have traded about 48million units of shares worth about N626million. ZENITHBANK (+0.30%) is the […]
Consolidated Hallmark Lists 2.03 Billion Rights Issue Additional Shares
August 20, 2020/NSE An additional 2,032,500,000 ordinary shares of Consolidated Hallmark Insurance (the Company) were today, Thursday, 20 August 2020 listed on the Daily Official List of The Nigerian Stock Exchange (The Exchange). The additional shares listed on The Exchange arose from the Company’s Rights Issue of 2,032,500,000 ordinary shares […]
