Investors Bite

Nigerian Equities Gain 0.17%, as Week-to-Date Returns Hits +1.31%

November 3, 2017/InvestmentOne Research Nigerian equities gained +0.17% today taking WTD  to return to +1.31%.  Market breadth index also ended positive as 21 stocks gained against 19 stocks that declined.  However, UPL (+9.75%) topped the gainers’ chart while PRESCO (-8.34%) was the worst performer.   FBNH (-0.84%) led the market […]

Nigerian Bourse Halts Three-Day Gaining Streak on Profit Taking in Consumer, Industry Goods Counters

The domestic bourse halted the three-day gaining streak, as the ASI contracted by 0.03% to 36,877.15 points, following profit taking in consumer and industrial goods stocks. Accordingly, the Month-to-Date and Year-to-Date  returns moderated to 0.54% and 37.22% respectively. The Consumer Goods (-1.21%) and Industrial Goods (-0.11%) indices closed negative, following profit […]

NSE Unveils Notification of Effective Dates of Rules​​

1/11/2017/NSE Please be advised that The Exchange has received the Securities and Exchange Commission’s approval to the Rules set out below. NOTICE IS HEREBY GIVEN THAT, the following Rules, which are available on The Exchange’s website, will become effective on the dates set forth beside them:   Approved Rules Approval Date […]