October 30, 2019/InvestmentOne Update The Board of Directors of Dangote Cement Plc announced on Tuesday that, subject to obtaining detailed advice and regulatory approvals, it will recommend to its shareholders for consideration, a proposal to consolidate its share capital, as well as a share buyback program. Details of these actions […]
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NSE Places The Shares of Dangote Flour Mills Plc on Full Suspension
Culled—Proshare October 29, 2019/InvestmentOne Research The Nigerian Stock Exchange (NSE) has notified the market that trading on the shares of Dangote Flour Mills (DFM) Plc has been placed on full suspension effective Monday, 28 October 2019. The suspension is imperative to prevent trading in the shares of the Company beyond […]
MIDDAY UPDATE: Stocks Heads South on Losses in Banking, Oil & Gas Counters
October 29, 2019/InvestmentOne Update ASI as at 12.00pm: -0.11%. Market movers: COURTVILLE (+4.35%), WEMABANK (+1.69%) and ABCTRANS (-9.09%), UNIONDAC (-8.33%). Sector Performances: Banking (-0.57%), Oil & Gas (-0.04%), Consumer Goods (+0.08%) and Industrial. Market activity: In today’s early trade, while total volume declined by about 70%, total value increased by […]
