Investors Bite

Nigerian Stocks Close July Positive +0.9%, Up +1.15 WtD Spurred by Cement, Tier-1 Bank Stocks

With negative expectations already priced in, earnings did better than expected, spurring investor interest across Cement and Tier I bank stocks and driving the market to a positive close (+0.9%) for the month of July. July 29, 2020/Cordros Report Global economy The U.S Federal Open Market Committee (FOMC) is expected […]

Nigerian Stocks Inch Down -0.54% Dragged by Bellwether Losses

July 28, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.54% to close at 24,650.16pts. Similarly, the market breadth index was negative with 17 losers against 14 gainers. TOTAL (-9.95%) led the loser’s chart today, while MBENEFIT (+10.00%) was the top gainer. MBENEFIT (+10.00%) was the most actively traded stock with about 26million units of shares worth about N5million. Sector Performances NSE Oil […]

NSE Commemorates Seplat Plc 10-Year Anniversary, Welcomes Incoming CEO

July 27, 2020/NSE  Seplat Petroleum Development Company Plc (Seplat Plc) has achieved significant milestones in the 10 years of its existence including the landmark dual listing of the company on both the Nigerian and London Stock Exchanges. This was highlighted during the virtual Closing Gong ceremony hosted by The Nigerian […]