Investors Bite

UNILEVER Says Proposed Rights Issue Priced at N30 per Share on the Basis of 14 New Ordinary Shares for Every 27 Ordinary Shares Held

By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, Unilever Nigeria Plc (UNILEVER) has said that its proposed Rights Issue  will be priced at N30.00 per share on the basis of 14 new ordinary share for every 27 ordinary share held, the company in a market bulletin to the Nigerian Stock Exchange […]

ASI: Intraday Update

June 29, 2017/InvestmentOne Research ASI as at 12.00pm: +0.35% Market movers: DIAMONDBNK (+5.00%), FBNH (+4.57%), LIVESTOCK (-4.76%), SKYEBANK (-4.69%) Sector Performances: Banking (+1.04%), Oil & Gas (+0.65%), Consumer Goods, Industrial Market activity: Investors have exchanged c.38m units of shares worth N348m so far today, representing a considerable decline against the […]

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 […]