Investors Bite

Equities, Fixed Income Markets Register Bullish Activities

December 22, 2016/Cowry Research Overall equities market performance measures, NSE ASI and market capitalisation, upped by 0.18 bps amid bargain hunting, particularly targeted at oil/gas and industrial stocks. Elsewhere, NIBOR increased for all tenor buckets on tightened financial system liquidity. Similarly, NITTY increased across most of the maturities amid sell […]

Shareholders Endorse Delisting of ASHAKACEM

December 22, 2016/NSE This Public Notice is issued pursuant to the Listing Rules of The Nigerian Stock Exchange (‘’the NSE’’ or ‘The Exchange’’). At an Extra-Ordinary General Meeting of AshakaCem Plc (‘’AshakaCem’’ or ‘’the Company’’) duly convened and held on Monday December 19, 2016 the shareholders of the Company approved […]

Stocks from the Financial Services Sector Dominate the List of Penny Stocks in 2016

Culled—–Proshare 21/12/2016/Proshare Markets Penny stocks usually remain on active investors’ radar as they are one of the means through investors can make much profits in stock trading most especially when a new promoter decides to buy such stocks and they begin to rally. For the purpose of this write up, […]