Investors Bite

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.23% on Losses Across Sectors

August 6, 2020/InvestmentOne Report ASI as at 12.00pm: -0.23%. Market movers: UBN (-9.26%), WEMABANK (-1.92%), UAC-PROP (+9.52%) and JAPAULOIL (+4.55%).   Sector Performances: Banking (-0.45%), Industrial (-0.67%), Consumer Goods (-0.03%), and Oil & Gas.  Market activity: In today’s early trade, total volume and value decreased by 74% and 73% respectively, compared to this time yesterday as investors have traded about 51million units of shares worth about N367million. FBNH is the most actively traded […]

Nigerian Stocks Sustain Bullish Run Up +0.16% on Gains Across Bellwether Counters

August 5, 2020/InvestmentOne Report Please click to download the Market Report for Wednesday 5th August 2020 EQUITY: ·           The Nigerian equities market closed up today as NSE-ASI gained 0.16% to close at 24,882.04pts. ·           Similarly, in today’s trade, market breadth index was positive with 18 gainers against 12 losers. ·           Today’s performance […]

SEC Proposes to Improve the Retail Investor Experience through Modernized Fund Shareholder Reports and Disclosures

Amendments would update and tailor mutual fund and exchange-traded fund disclosures to retail investors’ needs August 5, 2020/US SEC The Securities and Exchange Commission today proposed comprehensive modifications to the mutual fund and exchange-traded fund disclosure framework to better serve the needs of retail investors. The proposed disclosure framework would […]