Investors Bite

Nigerian Stocks Inch Up +0.01% Boosted by Gains in Consumer Sector

September 21, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI inched up 0.01% to close at 25,574.35pts.  In today’s trade, the market breadth index was negative with 16 losers against 9 gainers. ABCTRANS (+10.00%) led the gainer’s chart today, while CHAMPIONS (-10.00%) was the top loser. FBNH (-1.01%) was the most actively traded stock with about 43million units of shares worth […]

MIDDAY UPDATE; Nigerian Stocks Inch Up +0.01%, Driven by Industrial Names

September 21, 2020/InvestmentOne Update ASI as at 12.00pm: +0.01%. Market movers: LASACO (+4.00%), WAPCO (+3.08%), WAPIC (-8.11%), and TRANSCORP (-3.33%). Sector Performances: Industrial (+0.19%), Consumer Goods (-0.06%), Banking (-0.02%), and Oil & Gas. Market activity: In today’s early trade, total volume and value rose by 3% and 48% respectively, compared to last week Friday, as investors have traded about 67million units of shares worth approximately N1.05billion. UBA (-0.83%) is the most actively […]

NSE Says SEC Approves Extension of Prestige Assurance Rights Issue

September 20, 2020/NSE Further to the Market Bulletin of 10 August 2020 with reference number: NSE/RD/LRD/MB39/20/08/10, market stakeholders are hereby informed of the extension of the offer period of Prestige Assurance Plc’s Rights Issue of 13,635,796,006 ordinary shares of N0.50 each at N0.50 per share on the basis of thirty-eight […]