Investors Bite

Lafarge Africa Lists 7.43 Billion Additional Shares on the NSE

March 27, 2019/NSE Dealing Members are hereby notified that additional 7,434,367,256 ordinary shares of Lafarge Africa Plc (Lafarge) were listed on the Daily Official List of The Nigerian Stock Exchange today, 26 March 2019. The additional shares listed arose from Lafarge’s Rights Issue of 7,434,367,256 ordinary shares of 50kobo each […]

NSEASI Dips -0.67% Third Straight Session on Sustained Profit-Taking

March 27, 2019/InvestmentOne Update The Nigerian equities market closed the third trading session of the week in red, losing 0.67%. Similarly, market breadth index was negative with 11 gainers against 19 losers.  NEM (-5.53%) was the top loser today while UNIONDAC (+10.00%) led the gainers’ chart.    ZENITHBANK (+1.38%) was the […]

MARKET UPDATE: Nigerian Stocks Down -0.80% on Losses in the Consumer Goods Counters

March 27, 2019/InvestmentOne Update ASI as at 12.00pm: -0.08%.  Market movers: FLOURMILL (-5.01%), NIGERINS (-4.55%), JAIZBANK (+3.85%), PRESCO (+3.72%). Sector Performances: Consumer Goods (-0.20%), Banking (+0.08%), Oil & Gas and Industrial. Market activity: In today’s early trade, while total volume declined by 5%, total value increased by 49% compared to […]