Investors Bite

NSEASI Dips -0.78% on Losses Recorded in Banking, Industrial Counters

November 21, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday closed the second trading session of the week negative, down -0.78 percent to 31,969.79 basis points compared to +0.51 percent gain reported previously and bringing Year-to-Date (YTD) returns to a negative -16.40 percent on losses in the Banking […]

Intraday Update: Nigeria Stocks Inch Up +0.02% on Gains in Consumer Counters

November 21, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks as at midday Wednesday has inched up +0.02 percent on gains recorded in the Consumer Goods sector. InvestmentOne update says, market movers are Laboratory Services Company, Union Diagnostic & Clinical Services Plc  and insurer, Veritas Kapital Assurance Plc; both are up +8.70 percent […]

38 Out of 47 Stocks Listed Between 2008 and 2018 Trade Below Their Listing Prices

Culled—Proshare 20/11/2018/Proshare Research  Reference: Proshare MARKETS Analysis on stocks listed between 2008 and 2018 reflected that about 81% of such stocks trade below their listing prices and as such are in the red zone. As at the close of trading on November 19th, 2018, seven (7) out of forty-seven (47) […]