June 8, 2017/InvestmentOne Research Please click to download the Market Report for Thursday 8th June 2017 EQUITIES: The Nigerian bourse sustained yesterday’s positive momentum with the ASI up by +0.77% on account of renewed buying interest in tickers across major sectors. The index YTD return now stands at 22.56%. Buying interest […]
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Yahoo shareholders approve sale of core business to Verizon
June 8, 2017/Reuters Yahoo Inc (YHOO.O) shareholders on Thursday approved the company’s pending sale of its core internet business to Verizon Communications Inc (VZ.N) for $4.48 billion, according to preliminary results from a shareholder meeting. Yahoo expects that the deal will close on June 13, 2017. The company also said […]
ASI: Intraday Update
June 8, 2017/InvestmentOne Research ASI as at 12.00pm: +1.07% Market movers: FO (+10.22%), SEPLAT (+10.14%), GOLDBREW (-4.71%), LIVESTOCK (-4.44%) Sector Performances: Oil & Gas (+4.67%), Banking (+2.60%), Consumer Goods (+0.14%), Industrial (-0.09%) Market activity: Although the total volume of shares traded is down -40% compared to yesterday, total value is relatively […]
