Investors Bite

SEC Charges U.K. Brokerage Firm, Investment Manager, CEO, and Others for Manipulative Trading in U.S. Microcap Stocks

March 16, 2018/US SEC Litigation Release No. 24067 / March 16, 2018 Securities and Exchange Commission v. Beaufort Securities Ltd. and Panayiotis Kyriacou a/k/a Peter Kyriacou, No. 18-cv-01317 (Eastern District of New York, Complaint filed March 2, 2018) Securities and Exchange Commission v. Dennis J. Mancino, William T. Hirschy, DJK […]

NSE Declines -0.59% in Last Trading Sessio, Week-to-Date Down -2.85%

March 16, 2018/InvestmentOne Update The Nigerian equities market ended the last trading session of the week in the red, losing 0.59%, WTD down by 2.85%. Market breadth index was negative with 16 gainers against 37 decliners. CUTIX (+4.67%) was the best performing stock while FIDELITYBK (-9.41%) had the worst performance. […]

Intraday Update: NSE’s Benchmark Index Down -0.61% on Continuos Sell-Offs Across Sectors

March 16, 2018/InvestmentOne Update ASI as at 12.00pm: -0.61%. Market movers: JAPAULOIL (-8.22%), FCMB (-7.95%), UAC-PROP (+4.76%), JOHNHOLT (+3.85%). Sector Performances: Banking (-1.25%), Consumer Goods (-1.03%), Industrial (-0.02%), Oil & Gas. Market activity: In today’s early trade, total volume and value increased by c. 27% and c.125% respectively compared to […]