June 21, 2017/Cordros Research Click here to download full PDF Report EQUITIES Nigerian equities bucked a 5-day gaining streak, with a market-wide profit-taking causing the All Share Index to reverse gains (1.67%) recorded thus far this week, after declining 2.61% (biggest loss since 27th June, 2016: -2.64%) to 33,477.89 points. […]
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ASI: Intraday Update
June 21, 2017/InvestmentOne Research ASI as at 12.00pm: -0.64% Market movers: UBA (-7.34%), STERLNBANK (-6.80%), NEIMETH (+9.09%), CUTIX (+5.64%) Sector Performances: Banking (-1.65%), Consumer Goods (-0.10%), Oil & Gas (-0.45%) Industrial (-0.06%) Market activity: Market turnover is mixed in today’s early trades compared to yesterday level as investors have so […]
Bob Diamond’s Africa bank ups stake in Union Bank of Nigeria
June 21, 2017/Reuters Atlas Mara Ltd, the African investment vehicle of former Barclays boss Bob Diamond, said on Wednesday that it plans to raise $200 million to increase its stake in Union Bank of Nigeria and to scale up other businesses. Atlas Mara said it was buying a 13.4 percent […]
