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NSE Market Cap Adds N1.8Trillion on MTN’s Listing

May 16, 2019/InvestmentOne Report  The Nigerian equities market halted its bearish run today as NSE-ASI gained 0.54% to close at 28,438.19pts. However, market breadth index was negative with 11 gainers against 25 losers.  MTNN (+10.00%) led the gainers’ chart while UNITYBNK (-9.72%) was the top loser today.   TRANSCORP (-1.72%) was […]

MTN Set to List 20.35 Billion Shares on Nigeria Bourse Thursday

May 15, 2019/Cordros Update MTN Nigeria Plc (MTNN) will list its shares, by way of introduction, on the floor of the Nigerian Stock Exchange (NSE) tomorrow. We understand that about 20.35 billion shares will be listed. This, on estimate, implies a conversion ratio of 50 new ordinary shares for each […]

NSEASI Declines Third Straight Session, Still below 29,000 Pts

May 15, 2019/InvestmentOne report Please click to download the Market Report for Wednesday 15th May 2019       EQUITY: The Nigerian equities market closed the third trading session of the week in red as NSE-ASI lost 0.48% to close at 28,286.08pts.   Similarly, market breadth index was negative with 11 gainers against 17 […]