Investors Bite

NSEASI Down -1.62% Fourth Straight Session on Losses in Bellwether Stocks

February 28, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday closed the fourth trading session of the week in red, losing -1.62 percent on bellwether stocks to 31,718.70 basis points compared to a loss of -0.71% recorded previously, as Year-to-Date (YTD) returns currently stands at +0.92 percent. InvestmentOne […]

DELISTING: NSE Places Shares of ASL Nigeria on Full Suspension

February 28, 2019/NSE Further to the Market Bulletin of 19 February 2019, with reference number: NSE/RD/LRD/MB14/19/2/19, wherein the market was notified of the application filed by Newrest ASL Nigeria Plc (Newrest ASL or the Company) for voluntary delisting of the entire 634,000,000 ordinary shares of the Company from the Daily […]

UPDATE: Bears Pummel Nigerian Stocks, as Benchmark Index Down

February 28, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) as at midday Thursday is down -0.23 percent on losses in Banking, Consumer Goods counters. InvestmentOne midday daily update reports that market movers are Dangote Flour Mills Plc and Regal Alliance Insurance Plc both plunged -9.62 percent […]