Investors Bite

Nigerian Equities Market Closes Down on to Losses Across Sectors

February 24, 2020/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 1.27% to close at 27,041.03pts. In today’s trade, market breadth index was negative with 33 losers against 5 gainers. BOCGAS (-10.00%) was the top today loser while LAWUNION (+9.59%) led the  gainers’ chart.                                                                                                  GUARANTY (-3.76%) was the most […]

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.43% Dragged by Banking, Industrial Counters

February 24, 2020/InvestmentOne Update ASI as at 12.00pm: -0.43%.  Market movers: BOCGAS (-10.00%), SKYAVN (-9.92%), LAWUNION (+9.59%) and LINKASSURE (+4.65%). Sector Performances: Industrial (-3.02%), Banking (-1.82%), Consumer Goods and Oil & Gas. Market activity: In today’s early trade, while total volume and value increased by 4% and 52% compared to […]

AIICO Lists 4.4bn Shares Arising from Placement to LeapFrog III Nigeria Insurance Holdings

February 21, 2020/NSE 4,400,000,000 ordinary shares of 50 kobo each of AIICO Insurance Plc (AIICO Insurance or the Company) were on Wednesday, 19 February 2020, listed on the Daily Official List of The Nigerian Stock Exchange (The Exchange). The additional shares listed on The Exchange arose from AIICO Insurance’s placement […]