September 17, 2020/Cowry Asset Report The local equities market All Share Index (ASI) moderated by 0.07% to 25,533.35points amid sustained bearish activity; albeit the Exchange recorded15 gainers as against 11 losers at the close of trading session. Hence, the year to date loss of the NSE ASI rose to 4.8%. […]
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UAC-PROP Says Its Undergoing Restructuring of Its Facility Management Division
September 17, 2020/NSE UACN Property Development Company Plc (UPDC) hereby discloses that it is undergoing a restructuring of its facility management division (the Business). The Business will be transferred to First Choice Facility Management Company Limited, a wholly owned subsidiary of UPDC via an Asset and Business Transfer Agreement. We […]
INTRA-DAY UPDATE: Nigerian Stocks Inch down -0.11% on Losses Across Sectors
September 17, 2020/InvestmentOne Update ASI as at 12.00pm: -0.11%. Market movers: CADBURY (-9.86%), DANGSUGAR (-5.88%), WAPIC (+9.09%), and ACADEMY (+7.41%). Sector Performances: Consumer Goods (-0.59%), Oil & Gas (-0.23%), Banking (-0.22%) and Industrial. Market activity: In today’s early trade, while total volume rose by 26%, total value fell by 61%, compared to yesterday, as investors have traded about 83million units of shares worth approximately N517illion. ZENITHBANK (-0.60%) is the most actively traded […]
