August 21, 2020/InvestmentOne Update ASI as at 12.00pm: +0.24%. Market movers: CHAMPION (+9.86%), INTBREW (+9.09%), CUTIX (-9.37%), and ABCTRANS (-6.98%). Sector Performances: Consumer Goods (+1.01%), Banking (+0.77%), Industrial (-0.01%) and Oil & Gas. Market activity: In today’s early trade, while total volume declined by 34%, total value increased by 101%, compared to this time yesterday, as investors have traded about 48million units of shares worth about N626million. ZENITHBANK (+0.30%) is the […]
Updates
Daily Market Update for August 20, 2020-Cordros
August 20, 2020/Cordros Report EQUITIES The local bourse gained for the third straight session this week, as the ASI advanced by 0.1% to close at 25,204.60 points. Pertinently, the performance was driven by buying sentiments across INTBREW (+10.0%) and some bank stocks. Therefore, the Month-to-Date gain increased to 2.1% while […]
Ellah Lakes Seeks to Acquire 100% Stake in Oil Palm Processing Company
August 20, 2020/NSE Ellah Lakes Plc (the Company) announces today that it has entered into exclusive discussions with a counterparty regarding a potential transaction between the two parties. The potential transaction relates to the purchase of 100% of the shares of an oil palm processing Company with substantial assets in […]
