Investors Bite

Dangote Cement Plc Issues Update on BUA Allegations

December 20, 2017/NSE Dangote Cement Plc. (DANGCEM, “DCP”), Africa’s largest cement producer, has been made aware of several misleading media publications one of which was captioned “A Cry for Help: Wanton Abuse of Power by a Serving Minister Geared at Sabotaging Operations of BUA Cement”; wherein BUA International Limited (“BUA”) […]

NSE ASI Rebounds by 40 Bps on FCMB, Seplat, GTBank Shares

—-NIBOR Rises across all Tenure Buckets…. December 20, 2017/Cowry Asset Equities rebounded by 40 bps as the bourse witnessed renewed bargain hunting activity as high caps remained the toast of investors. Shares of Nestle, Unilever, Seplat and GTBank gained, driving the NSE Consumer Goods, NSE Oil & Gas and NSE […]

Nigerian Equities Reverses Bearish Trend, as NSEASI Gain 0.40%

December 20, 2017/InvestmentOne Report The equities market reversed its bearish trends, as the NSE-ASI gained +0.40% in today’s trading session.  Market breadth index ended positive as 23 stocks gained  against 22 stocks that declined.  CHAMPION (+5.00%) was the market’s best performer, while FLOURMILL (-4.99%) topped the losers’ chart.  STERLNBANK (+1.01%) […]