Investors Bite

UBA’s Debut $500 Million Eurobond Oversubcribed 240% by Global Investors

– Further Validation of UBA’s Pan-African Growth Strategy June 13, 2017/UBA Plc United Bank for Africa Plc (UBA) successfully raised USD500 million, though a debut Eurobond, which was 240% over-subscribed. The significant investor demand reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy. The Global Offering […]

ASI: Intraday Update

June 13, 2017/InvestmentOne Research ASI as at 12.00pm: -0.15% Market movers: FO (-9.57%), CHAMPION (-4.94%), MAYBAKER (+9.94%), TRANSCORP (+9.64%) Sector Performances: Oil & Gas (-1.65%), Banking (-0.45%), Consumer Goods (-0.24%), Industrial (+0.05%) Market activity:  Activity levels are down compared to this time yesterday as investors have exchanged 116m units of […]

Monthly Markets Review – Overview of Markets in May 2017

June 12, 2017/Cordros Research Click here to download PDF Report Highlights: Global equities were largely positive in May – save for the Euro Stoxx which closed in the red within our coverage universe – thanks to positive economic data, currency swings, oil price movement, and political events. The prices of […]