Investors Bite

Intraday Update: Nigerian Stocks Down -0.11% on Sell-Offs in Banking Counters

March 31, 2018/InvestmentOne Update ASI as at 12.00pm: -0.11%. Market movers: REGALINS (-7.50%), MAYBAKER (-4.90%), JAPAULOIL (+9.88%), UNILEVER (+8.15%). Sector Performances: Banking (-1.21%), Oil & Gas (-0.03%), Consumer Goods (+0.50%), Industrial. Market activity: In today’s early trade, total volume and value declined by c. -51% and c.-65% compared to this […]

SEC Extends E-Dividend Registration to March 31

7/3/2018/NAN The Securities and Exchange Commission (SEC) has extended its free e-dividend registration deadline to March 31, the News Agency of Nigeria (NAN) learnt on Wednesday. A senior management staff in the commission, who pleaded anonymity made the disclosure in an interview with NAN in Lagos. The official said that […]

Nigerian Stocks Decline -1.51% to Record Biggest in Current Month, Driven by Profit-Taking

March 7, 2018/Cordros Capital EQUITIES Investors were downbeat in today’s trading session, as the ASI declined by 1.51% (the biggest loss in the month so far) to 42,952.70 points, owing to investors booking profit on previous gains in major stocks. Consequently, the Month-to-Date return turned to a loss of 0.87%, […]