January 22, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market was somewhat flat on Tuesday as benchmark index inched up +0.01 percent to close at 30,736.88 basis points compared to -0.88 percent loss recorded previously, as Year-to-Date (YTD) returns currently stands at a negative -2.21 percent. InvestmentOne reports that similarly, market […]
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Naspers Progresses Plans to List MultiChoice Group Limited and Unbundle Its Shares
Culled—Proshare January 22, 2019/MultiChoice Announces the listing date for MultiChoice Group on the JSE Transaction intended to create an empowered, Top 40 JSE-listed African entertainment company that is profitable and cash-generative On 17 September 2018, Naspers announced its intention to list its video entertainment business separately on the Johannesburg […]
Nigerian Equities Market Bucks Positive Run, Halts 7-Sessions Straight Gains
January 21, 2019/Cordros Update EQUITIES The Nigerian equities market bucked its positive run, after seven consecutive sessions of gains. Specifically, the benchmark index dipped by 0.88% to 30,732.72 points. Therefore, the Month-to-Date loss notched higher to 2.22%. On sectoral performance, the Oil & Gas (-4.55%) and Banking (-0.14%) […]
