December 13, 2019/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI declined by 0.13% to close at 26,536.21pts. Consequently, WtD performance printed at –1.19%. However, in today’s trade, market breadth index was positive with 20 gainers against 12 losers. AGLEVENT (+8.33%) led the gainers’ chart while GLAXOSMITH (-9.48%) was the […]
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Court Approves Scheme of Arrangement Between Seplat, Eland
December 12, 2019/NSE On 15 October 2019, the boards of Eland and Seplat announced that they had reached agreement on the terms of a recommended cash acquisition by Seplat of the entire issued and to be issued ordinary share capital of Eland. The Acquisition is to be implemented by means of a […]
GTBank, Zenith Gains Drive Nigerian Stocks Up +0.51% to Advance Two Straight Session
December 12, 2019/Cordros Report Equities Nigeria’s equities market recorded the second consecutive trading gains this week, as the benchmark index advanced by 0.51% to 26,569.80 points, driven gains recorded in GUARANTY and ZENITHBANK stocks. Consequently, the Month-to-Date and Year-to-Date losses moderated to -1.60% and to -15.46%, respectively. Meanwhile, the total […]
