Investors Bite

The Okomu Oil Palm Plc Q1 2019 – Worrisome Start To The Year

Culled—Proshare April 29, 2019 By Damilola Olupona of ARM Research Worrisome Start To The Year The Okomu Oil Palm Plc released its first quarter 2019 result on Friday which showed significant contraction in PAT by 71% YoY to N1 billion, translating to an EPS of N1.06. The depressed performance emanated […]

NSEASI Opens Week Down -0.74% on Sell-Offs in Banking, Industrial Counters

April 29, 2019/Cordros Report EQUITIES The Nigeria’s equities market started the week on a bearish note as the benchmark index declined by 0.74% to 29,521.06 points, driven by sell-offs across the Industrial Goods and Banking stocks. Hence, the Month-to-Date and the Year-to-Date losses increased to 4.90% and 6.07% respectively. On […]

NSE Total Transaction Declined 41.46% in March 2019-Report

April 29, 2019/NSE Analysis of Transactions For The Month (March’19) On a monthly basis, The Nigerian Stock Exchange polls trading figures from market operators on their Foreign Portfolio Investment (FPI) flows. As at 31 March 2019, total transactions at the nation’s bourse reduced by 41.46% from N188.08 billion (about $613.9 […]