Investors Bite

NSE Opens Week Positive on Gains across Major Counters, as Market Cap Hits N11.29 Trillion

June 28, 2017/InvestmentOne Research Please click to download the Market Report for Wednesday 28th June 2017  EQUITIES: Following the three consecutive trading sessions last week when the market lost  -6.56%, the NSE-ASI closed positive today, gaining +1.67% to end at 32,657.30pts, representing a market capitalisation of N11.29tr. Today’s performance was largely driven […]

SEC Says Investors with Multiple Subscription for Same Public Offering to Forfeit their Investment

June 28, 2017/SEC Investors in the Nigerian Capital Market with multiple subscriptions for the same public offer may forfeit their investment. The Securities and Exchange Commission at its last Capital Market Committee meeting (CMC) has approved the report of a market wide committee on formulating a uniform position for the […]

ASI: Intraday Update

June 28, 2017/InvestmentOne Research ASI as at 12.00pm: +0.17% Market movers: NEM (+6.32%), DIAMONDBNK (+4.42%), HONYFLOUR (-4.84%), LIVESTOCK (-4.55%) Sector Performances: Banking (+1.24%), Consumer Goods (+0.17%), Industrial (+0.01%), Oil & Gas Market activity: Activity levels appear uninspiring in early trading today with investors exchanging c.136m units of shares worth N532m […]