Investors Bite

NASD USI Sheds -1.67% WoW

Culled—Proshare March 9, 2018/NASD Plc  The NASD OTC Market ends the week in red, as the NASD USI decreased by 1.67%, closing at 663.22 points (as against 674.45 points last Friday). Consequently, total market capitalisation shed 1.67% this week, closing lower at ₦448.82 billion compared to₦456.42 billion last Friday.  AFRILAND PROPERTIES PLC TO HOLD  5TH ANNUAL GENERAL MEETING.  This is to notify shareholders […]

Nigerian Stocks Sustain Bullish Momentum, Gains +0.18%, WtD up +0.68%

March 9, 2018/InvestmentOne Update Similar to yesterday, the Nigerian equities market closed up in today’s trading session, gaining 0.18%, WTD up by 0.68%. Market breadth index ended positive with 34 stocks gaining against 28 stocks that declined. LASACO (+10.00%) was the top gainer in todayâs trading session while FTNCOCOA (-5.88%) […]

NASCON Says PAT Up 121.25% in 2017, Offers N1.50 Per Share Dividend

March 9, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Salt refining company, NASCON Allied Industries Plc said on Friday its profit after tax (PAT) for the period ended December 31, 2017 grew 121.25 percent to N5.34 billion from N2.41 billion posted a year ago. In the same vein, pretax profit of the salt refiner […]