Investors Bite

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 […]

Challenging H2 for PZ Nigeria Plc: The Parent Company Has Confirmed It!

March 16, 2018/Cordros Update Update: PZ Cussons Plc (PZC), the parent company of PZ Nigeria Plc (PZN), stated in a trading update released yesterday, that it now expects its profit for the year ending May 2018 will fall short of expectations. Trading conditions in Nigeria and UK were unfavourable in […]