Culled—Proshare November 22, 2017/FCMB FCMB Group Plc has successfully completed the acquisition of an additional 60 percent equity stake in Legacy Pension Managers Limited (Legacy). The acquisition, which increases the holding company’s interest in the company from 28.2 percent to 88.2 percent, was concluded at the Completion Board Meeting of Legacy on Tuesday, November 21, 2017 in Abuja. The completion of the transaction […]
Investors Bite
Intraday Update” NSEASI Heads Southward, Driven by Sell-Offs in Consumer Goods Counter
November 22, 2017/InvestmentOne Research ASI as at 12.00pm: +0.02% Market movers: UNILEVER (+5.69%), CHAMPION (+4.63%), LIVESTOCK (-4.55%), CILEASING (-2.92%) Sector Performances: Banking (+0.48%), Consumer Goods (-0.46%), Insurance (+0.52%), Oil & Gas and Industrial. Market activity: Investors have exchanged c.139m units of shares worth N833m so far today, a moderation in […]
Nigerian Stocks Sheds 0.52%, Mauled by Banking, Consumer Goods, Oil& Gas Tickers
November 21, 2017/InvestmentOne Research After a positive start to the week, the NSE-ASI closed in the red, shedding -0.52% in today’s trading session. CHAMPION (+9.09%) topped the gainers’ chart, while FO (-8.86%) was the worst performer. Market breadth index closed negative as 12 stocks gained against 22 stocks that […]
