Investors Bite

African Development Bank joins Nasdaq Sustainable Bond Network

By joining the Nasdaq Sustainable Bond Network, socially responsible issuers are provided a unique opportunity to bring attention to their concrete actions June 17, 2020/AfDB Nasdaq (Nasdaq: NDAQ) on Wednesday announced the inclusion of the African Development Bank (www.AfDB.org), one of the world’s  largest issuers of social bonds, in the […]

Negative Performance Continues as Nigerian Equities Market Sheds -0.09%.

June 16, 2020 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday lost by -0.09 percent to close at 24,930.88 basis points, according to InvestmentOne report. The update says in the session’s trade, market breadth index was negative with 22 losers compared to 13 gainers. Pharmaceutical firm, Neimeth International Pharmaceuticals Plc […]

MIDDAY UPDATE: Nigerian Stocks Gain +0.21% on Gains Across Sectors

June 16, 2020/InvestmentOne Update ASI as at 12.00pm: +0.21%.  Market movers:  FIDSON (+10.00%), HONYFLOUR (+9.09%), NEIMETH (-9.91%) and PRESTIGE (-9.52%).  Sector Performances: Industrial (+1.03%), Banking (+0.38%), Consumer Goods (+0.05%) and Oil & Gas.  Market activity: In today’s early trade, while total volume fell by 22%, total value rose by 4% compared to this time yesterday as investors have traded about 54million units of shares worth about N389million. ZENITHBANK (+0.62%) is the most […]