Investors Bite

Equities Market Close Lower on Profit-Taking in Dangote Cement, Mobil

June 6, 2017/Cordros Research Click here to download PDF Copy of Report EQUITIES The market closed lower, following profit taking, particularly in the shares of DANGCEM and MOBIL. The All Share Index shed 1.16% to close at 32,200.38 points. Today’s performance reduced the Month-to-Date and Year-to-Date gains to 9.16% and 19.82% […]

BPE to list privatised firms on Stock Exchange

June 6, 2017/The Guardian The structure of the reform and privatisation process by the Bureau of Public Enterprises (BPE) envisages listing of privatised enterprises as the final outcome, its Director-General, Alex A. Okoh, has said. Okoh made the remarks at a meeting in his office in Abuja on Friday, with […]

Market Rally Signals Equity Capital Raising

Culled—Proshare June 5, 2017/FSDH Research The recent rally in the equity market has opened a window for the quoted companies to raise equity capital to finance their expansion projects. The bearish trends that dominated the equity market in the last few years have caused many companies to abandon the market […]