March 17, 2020/NSE Today, Zenith Bank Plc noted a certain recent internet and social media reports suggesting a proposed acquisition of Union Bank Plc by the bank. It states further categorically that Zenith Bank Plc has not made any binding offer to acquire any financial institution. In similar vein, Union […]
Investors Bite
DANGCEM Drags ASI Down -0.71% Despite the Buy-interest in the Market
March 17, 2020/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.71% to close at 22,543.07pts. However, in today’s trade, market breadth index was positive with 27 gainers against 12 losers. DANGCEM (-10.00%) was top loser while WAPCO (+10.00%) led the gainers’ chart. ZENITHBANK (+5.47%) was the most actively […]
MIDAY UPDATE: Nigerian Stocks Up +1.20% on Gains Across Sectors
March 17, 2020/InvestmentOne Update ASI as at 12.00pm: +1.20%. Market movers: UBN (+9.85%), FBNH (+9.46%), PRESTIGE (-9.09%) and LASACO (-9.09%) Sector Performances: Banking (+4.52%), Consumer Goods (+1.13%), Industrial (+0.08%) and Oil & Gas. Market activity: In today’s early trade, while total volume and value rose by 22% and 41% respectively […]
