Investors Bite

MIDAY UPDATE: Fidelity Bank, Mutual Benefit Drives Stocks Up +0.18%

August 30, 2019/InvestmentOne Update ASI as at 12.00pm: +0.18%.  Market movers: MBENEFIT (+4.76%), FIDELITYBK (+2.41%), ROYALEX (-9.09%), WAPIC (-7.69%). Sector Performances: Banking (+0.06%), Consumer Goods, Oil & Gas and Industrial. Market activity: In today’s early trade, total volume declined by 26% while total value rose by 341% compared to this […]

NSE Lifts Suspension on the Shares of Royal Exchange Plc

August 29, 2019/NSE We refer to our Market Bulletin dated 2 July 2019, with Reference Number: NSE/RD/LRD/MB34/19/07/02 wherein we notified Dealing Members of the suspension of eleven (11) listed companies for non-compliance with Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ […]

NSEASI Dips 0.66% on Renewed Profit-Taking Activities

August 29, 2019/Cordros Report EQUITIES   The Nigerian equities market reverted the gains in previous trading session, as the benchmark index declined by 0.66% to 27,425.57points, following selloff on DANGCEM and MTNN shares. Thus, the Month-to-Date and Year-to-Date losses dipped further to -1.06% and -12.74%, respectively.   Total volume of […]