Investors Bite

DANGSUGAR Acquires Savannah Sugar Company Ltd after Court Ordered Meeting

July 13, 2020/NSE The members of Dangote Sugar Refinery Plc. (DSR) at its Court Ordered Meeting held at 12:30pm on July 9th, 2020 at the Eko Hotel & Suites, Plot 1415, Adetokunbo, Ademola Street, Victoria Island, Lagos proposed and passed the following resolutions: The Scheme as contained in the Scheme […]

Sentiments Remain Weak as NSE-ASI Dips -0.1% Week-on-Week

July 10, 2020/Cordros Report Sentiments remained weak in the domestic equities market, as the All-Share Index declined by 0.1% w/w, to 24,306.36 points. The index was weighed down by NESTLE (-6.5%), BUACEMENT (-2.5%) and DANGCEM (-0.8%). Global economy According to Labor Department data, US weekly initial jobless claims – the […]

Nigerian Equities Market Closes Flat, as NSEASI Dips -0.01% on Negative Sentiments in Consumer, Oil & Gas Counters

July 9, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.01% to close at 24,276.56pts.  In today’s trade, market breadth index was negative with 15 losers against 10 gainers. CONOIL (-10.00%) led the loser’s chart while LAWUNION (+7.00%) was the top gainer. FIDELITYBK (-0.56%) was the most actively traded stock with about 38million units of shares worth about N69million. Sector Performances ·        NSE Consumer Goods […]