Investors Bite

Nigerian Equities Reverses Bullish Trend, Sheds -0.08%

January 18, 2018/InvestmentOne Report The Nigerian equities market reversed its bullish trends today as NSE-ASI shed -0.08%.  Also, market breadth index ended negative with 31 stocks losing against 28 stocks that advanced.   CCNN (+10.16%) was the market’s best performer while FIDSON (-9.20%) led the losers’ chart.  TRANSCORP (-0.39%) was […]

Intraday Update: NSE Benchmark Index Down -1.11% as Profit-Taking Continues

January 18, 2018/InvestmentOne Report ASI as at 12.00pm: -1.11%  Market movers: FIDSON (-9.40%), DANGCEM (-4.98%), CCNN (+10.16%), FCMB (+10.06%).  Sector Performances: Industrial (-3.05%), Consumer Goods (-0.92%), Oil & Gas (-0.08%), Banking (+0.36%).  Market activity: In today’s early trade, total volume and value increased by +48% and +5% respectively compared to […]

Flour Mills Right Issue

January 17, 2018/ARM Securities Details of Rights Issued Shares  – 1,476,142,418.00 Ordinary shares of 50 kobo each Rights Price – N27.00 per share Provisional Allotment – 9 new ordinary Share for every 16 ordinary Shares of 50 kobo each held as at the close of business on 8th of  December […]