October 25, 2017/InvestmentOne Research The Nigerian equities market advanced +0.25% today. Market breadth index closed positive today as 24 stocks gained against 12 stocks that declined. The best performing stock was FIDSON (+9.82%) while CUTIX (-9.36%) was the top loser. UBA (+3.30%) topped the volume while ZENITH (+1.19%) […]
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Intraday Update: NSEASI Heads North on Banking, Consumer Goods Counters
October 25, 2017/InvestmentOne Research ASI as at 12.00pm: +0.27% Market movers: FIDSON (+9.82%), CILEASING (+8.19%), MANSARD (-4.81%), CUTIX (-9.36%) Sector Performances: Banking (+0.64%), Consumer Goods (+0.38%), Insurance (-1.01%), Industrial (-0.03%), Oil & Gas. Market activity: So far today, investors have traded c.68m units of shares worth c.N1.21bn in value. ZENITHBANK […]
SEC Says Oando Presented False Dividend, Financial Statements
October 24, 2017/NSE The Securities and Exchange Commission’s (“SEC” or “The Commission”)’s alleged findings as outlined in their correspondence to the Company’s (“the Company” or “Oando”) Group Chief Executive (GCE) on October 17, 2017 have been presented below alongside the Company’s position regarding each allegation. The Commission’s Alleged Finding: Breach […]
