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MIDDAY UPDATE: Nigerian Stocks Appreciates +0.21% Defying COVID-19 Fears

March 20, 2020/InvestmentOne Update ASI as at 12.00pm: +0.21%.  Market movers: CHAMS (+10.00%), UNIONDAC (+10.00%), NCR (-9.09%) and STANBIC (-4.42%). Sector Performances: Banking (+1.70%), Consumer Goods (+0.11%), Industrial (+0.07%) and Oil & Gas. Market activity: In today’s early trade, total volume and value fell by 70% and 60% respectively compared […]

COVID-19: NSE Advise Companies to Provide Adequate Precautionary Measures Ahead of 2020 AGMs

March 19, 2020/NSE Following the outbreak of the Novel Coronavirus (COVID-19) and pursuant to the provisions of Rule 19.1: Rules Relating to Board Meetings and General Meetings of Issuers, Rulebook of The Exchange, 2015 (Issuers’ Rules), The Nigerian Stock Exchange (The Exchange) wishes to advise all listed companies that plan […]

Nigerian Equities Market Remains Weak as the Fear of Coronavirus Lingers

March 19, 2020 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday closed negative as the all-share index  (ASI) lost 3.12 percent to close at 22,078.58 basis points as the fear of Coronavirus lingers. InvestmentOne reports that similarly, at the close of the session’s trade, market breadth index was […]