March 22, 2018/InvestmentOne Update ASI as at 12.00pm: +0.04%. Market movers: JAPAULOIL (+8.62%), MOBIL (+4.93%), ACCESS (-5.53%), UCAP (-2.95%). Sector Performances: Oil & Gas (+0.65%), Consumer Goods (+0.36%), Banking (-0.07%), Industrial (-0.05%). Market activity: In today’s early trade, total volume and value increased by c. 6% and c.110% respectively compared […]
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Seplat Announces Completion Offering of $350 Million 9.25% Senior Notes Due 2023
March 22, 2018/NSE Seplat today announced that it has completed its offering of $350 million in aggregate principal amount of 9.25% senior notes due 2023 (the ”Notes”). The Notes have been issued by the Company and guaranteed by certain of its subsidiaries. The proceeds of the Notes, together with drawings […]
NSE Proposes Rules for Price Stabilization of Securities to the Rulebook
March 22, 2018/NSE Introduction The Exchange is proposing to add the Rules for Price Stabilization of Securities to the Rulebook of The Exchange (”Rulebook”) (Issuers’ Rules). Summary of the Proposed Rules The stabilization of securities creates a regulatory framework for ’the buying of security for the limited purpose of [preventing […]
