February 14, 2020/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.39% to close at 27,755.87pts. Similarly, the market lost 2.69%WTD. In today’s trade, market breadth index was negative with 19 losers against 9 gainers. NEIMETH (-10.00%) was the top loser today while CAVERTON (+9.60%) led the gainers’ chart.                                                                                                  […]

February 13, 2020/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.05% to close at 27,864.84pts. In today’s trade, market breadth index was flat with 14 losers against 13 gainers. LAWUNION (-9.84%) was the top loser today while UCAP (+10.00%) led the gainers’ chart.                                                                                                  ZENITHBANK (-0.25%) was the most […]

February 13, 2020/Cowry Asset We note that the completion of the Rights Issue immediately increases the ordinary share capital in issue to 18,559,970,145 ordinary shares (15,961,574,145 shares + 2,598,396,000 shares); albeit we expect the total equity to get a boost given the relative premium price of N1.00 when compared to […]