October 9, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday closed the second trading session of the week negative, losing 0.08 percent to 32,417.70 basis points, as Year-to-Date (YTD) returns currently stands at -15.23 percent. InvestmentOne reports that market breadth index was somewhat flat with 20 gainers compared to […]
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Dangote Cement IPO could involve BAML, StanChart
Culled—Proshare October 9, 2018 By Karin Strohecker of Reuters / PNL additional contents Bank of America Merrill Lynch and Standard Chartered could be among the banks organising the 2019 London public listing of Dangote Cement, chairman and CEO Aliko Dangote said on Monday. Asked who the bankers could be for […]
Equities Market Open Week Positive on Bargain-Hunting in Bellwether Stocks
October 8, 2018/Cordros Update EQUITIES The equities market started the week positive, as the ASI inched up 0.19% to 32,444.96 points, amidst bargain-hunting in value stocks. As a result, the Month-to-Date and Year-to-Date losses moderated to -0.98% and -15.16%, respectively. Among sectoral indices, the Insurance (+0.77%) index posted the largest […]
