July 27, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 1.46% to close at 24,783.61pts. However, market breadth index was negative with 19 losers against 15 gainers. UNITYBNK (+9.62%) led the gainer’s chart today, while MANSARD (-10.00%) was the top loser. FLOURMILL was the most actively traded stock with about 30million units of shares worth about N518million. Sector Performances NSE Industrial Index: […]

July 27, 2020/Nova Merchant Bank NOVA Merchant Bank, a leading merchant bank in Nigeria, has announced the successful issuance of its N10 billion 7-Year Subordinated Unsecured Bond under its N50 billion debt issuance programme. The transaction represents NOVA’s first bond issuance in the debt market and was oversubscribed by 300 […]

July 27, 2020/InvestmentOne Update ASI as at 12.00pm: +0.19%. Market movers: UNITYBNK (+9.62%), WAPCO (+9.13%), SEPLAT (-9.99%) and CUTIX (-6.25%).  Sector Performances: Banking (+1.45%), Industrial (+0.48%), Oil & Gas (-4.89%), and Consumer Goods (-0.05%).  Market activity: In today’s early trade, while total volume increased by 2%, total value declined by 2%, compared to last week Friday as investors have traded about 63million units of shares worth about N661million. WAPCO (+9.13%) is […]