Investors Bite

Nigerian Equities Reverses Last Week Gains, Sheds 1.12% Week-on-Week

By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday reversed last week’s gain as the Nigerian Stock Exchange all-share index (NSEASI) and market capitalisation shed 1.12 percent and 0.57 percent to close the week at 36,703.58 and N12.774 trillion respectively. “Similarly, all other indices finished lower during the […]

NSEASI Closes Friday in Green, Driven by Investors’ Appetite for Consumer Goods Stocks.

November 17, 2017/InvestmentOne Research The NSE-ASI gained +0.19% in today’s trading session, but lost -1.12% WTD.  CILEASING (+9.09%) topped the gainers’ chart, while UACN (-8.99%) was the worst performer.   Market breadth index closed positive as 26 stocks gained against 14 stocks that declined.   SOVRENINS was the most actively […]

Tranex Lists 270.03 Million Shares at 0.08 Kobo per Share

  November 17, 2017/NSE Dealing Members are hereby notified that 270,027,370 Ordinary Shares of Trans Nationwide Express Plc (“Tranex” or “the Company”) were today, 16 November 2017 listed on the Daily Official List of The Exchange. The additional shares listed arose from Tranex’s Rights Issue of 270,027,370 ordinary shares of […]