Investors Bite

Stocks Sustain Bullish Momentum, Hits 11 Month High

1/6/2017/Cordros Research Click here to download PDF Report EQUITIES The market continued to advance, reaching an 11 month high. Today’s gain was driven by demand for consumer goods and industrial goods stocks. The All Share Index gained 2.77% to close at 30,314.14 points. Today’s performance increased the Week-to-Date and Year-to-Date […]

Oando Provides Clarifications on its Refinery Ambitions

Culled—Proshare May 31, 2017/Oando Plc We refer to various newswire and print reports released this week on Oando PLC’s refinery ambitions. We wish to explicitly state that Oando shares the vision of the Nigerian Government to become a petroleum product self-sufficient country in the short to medium term and ultimately […]

ASI: Intraday Update-InvestmentOne

May 31, 2017/InvestmentOne ASI as at 12.00pm: -0.41% Market movers: CONOIL (-9.74%), OANDO (-4.95%), MANSARD (+8.17%), CHAMPION (+7.91%), Sector Performances: Banking (-3.23%),Oil & Gas (-3.00%), Industrial (+0.87%), Consumer Goods (+0.19%) Market activity: In today’s early, investors have so far exchanged c.139m units of stocks worth c.N1.11bn. This shows a modest decline […]