Investors Bite

MIDDAY UPDATE: Nigerian Stocks Dip -0.08% on Losses

August 1, 2019/InvestmentOne Update ASI as at 12.00pm: -0.08%.  Market movers: FO (-8.40%), CCNN (-2.44%), FBNH (-0.88%), UBA (-0.83%). Sector Performances: Oil & Gas (-0.55%), Industrial (-0.53%), Banking (-0.07%) and Consumer Goods. Market activity: In today’s early trade, total volume and value declined by 75% and 57% respectively compared to […]

NSE Delists FIRSTALUM from the Daily Official List

July 31, 2019/NSE Further to our market bulletin of 13 May 2019, notifying Dealing Members of the suspension of trading in the shares of First Aluminium Nigeria Plc (First Aluminium or the Company) in preparation for the voluntary delisting of the issued share capital of the Company from the Daily […]

Nigerian Stocks Down -0.37% amid Sustained Bearish Run

July 31, 2019/Cordros Report EQUITIES The Nigerian equities market sustained losses from previous trading session following significant sells-offs in large cap Consumer Goods (DANSUGAR, NB, NESTLE) stocks. Consequently, the benchmark index dipped by 0.37% to 27,718.26 points, while the Month-to-Date and Year-to-Date losses worsened to -7.50% and -11.81% respectively. However, […]