January 11, 2018/InvestmentOne Report The Nigeria equities market sustained its bullish run for the sixth consecutive trading session, gaining +2.93% today as the ASI hit a new 4-year high of 43,041.54pts. Market breadth index, a gauge of investor sentiment, closed positive with 56 gainers against 10 decliners. HONYFLOUR (+9.97%) topped […]
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Financial Services Sector is the Most Capitalized Sector; Contributes 31.62% to Total Market CAP
Culled—Proshare January 11, 2018/Proshare Research Nigerian Stock Market performance in 2017 was very impressive. The market capitalization as at 29th December 2017 stands at N13.62trn compared to the N9.25trn ,as at the last day of trading in 2016. This signifies a growth of 47.29% YoY. A further look at the […]
Flour Mills Opens N39.9 Billion Rights on January 15, 2017
January 11, 2018/NSE Dealing Members are hereby notified that the Rights Issue of Flour Mills of Nigeria Plc of 1,476,142,418 ordinary shares of 50 Kobo each at the offer price of N27.00 per share on the basis of nine (9) new ordinary shares for every sixteen (16) ordinary shares held […]
