Investors Bite

NSE Rebounds as ASI Advance 0.46% on Insurance, Industrial, Consumer Goods Buy Interest

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday rebounded from Monday’s loss following buying interest across the Insurance, Industrial and Consumer Goods sectors as the benchmark index advanced by 0.46 percent to close at 27,493.12 points. “Today’s proceedings pared the Month-to-Date and Year-to-Date losses to 1.85 percent and […]

GLAXOSMITH Says Divestment of Drinks Bottling & Distribution Business Closure Date Extends to Sept’ 30

August 30, 2016/NSE We refer to our previous communications on the divestment of GlaxoSmithKline Consumer Nigeria Plc Drinks Bottling & Distribution Business to Suntory Beverage & Food Nigeria Limited. This is to inform the Exchange that the completion date for the transaction earlier scheduled for 31st August 2016 has now […]

NSE Opens Week in Red, Benchmark Index Down 0.30% on Selloffs

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday opened the week in red as the all-share index (ASI) declined 0.30 percent to close at 27,368.41 points. “Today’s bearish proceedings extended the Month-to-Date and Year-to-Date losses to 2.29 percent and 4.45 percent respectively,” Cordros daily market update […]