Investors Bite

SEC Orders an Additional 16 Self-Reporting Advisory Firms to Pay Nearly $10 Million to Investors

September 30, 2019/US SEC The Securities and Exchange Commission today announced settled charges against 17 investment advisers for disclosure failures regarding their mutual fund share class selection practices. The firms include 16 advisers that self-reported as part of the Division of Enforcement’s Share Class Selection Disclosure Initiative and one adviser that did […]

NSEASI Dips -0.16% amid Renewed Profit Taking Activities ahead of Nigeria’s Independence Anniversary

September 30, 2019/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.16% to close at 27,630.56pts. However, MTD closed up +0.36%. In today’s trade, market breadth index was flat with 18 losers against 18 gainers.                                                                                                                                                      JOHNHOLT (-9.84%) led the loser’s chart while  CAP (+9.89%) was the top gainer today.   GUARANTY […]

MIDDAY UPDATE: Stocks Dip -1.64% Dragged by MTNN, Banking Counters

September 30, 2019/InvestmentOne Update ASI as at 12.00pm: -1.64%.  Market movers: UAC-PROP (-9.48%), NEIMETH (-9.09%), NPFMCRFBK (+9.09%), CONTINSURE (+9.52%).  Sector Performances:, Banking (-0.18%), Oil & Gas, Consumer Goods  and Industrial (+0.69%). Market activity: In today’s early trade, while total volume and total value declined by 57% and 72% respectively compared […]