UBA offloads 2.09 billion shares on Nigeria Stock Exchange
The volume of shares traded closed higher due to huge activity posted by UBA.
The volume of shares traded closed higher due to huge activity posted by UBA.
“The federal government is doing some hard work in improving our business environment and infrastructure,” a banker said.
Affected companies failed to comply with the regulatory provisions of the law on corporate governance and extant post-listing guidelines.
The banking stocks were the toast of investors with Access Bank emerging the most traded.
"We are going into analysis and we would soon roll it out," Ms. Awe said.
The NSE is currently owned by stockbrokers and some institutional investors.
NSE admitted 29.464 billion ordinary shares of Jaiz Bank Plc at N1.25 per share
Total led the gainers’ table, growing by N28.29 to close at N304.44 per share.
Mobil recorded the highest price growth to lead the gainers’ table.
Forte Oil led with a loss of N10.18 to close at N94.32 per share.
The weak sentiments of investors forced Dangote Cement to shed N8.42 to close at N184.01 per share
Investors staked N4.03 billion on 375.22 million shares transacted in 4,229 deals.
The speaker urges all interests in the country’s financial sector to close ranks and work to rescue the market from ...
Traded shares volume closed higher with an exchange of 352.29 million shares valued at N3.85 billion transacted in 5,024 deals.
Investors’ appetite for the Conglomerates Industry accounted for 97.545 million shares.
The court fined convict's company N20million.
Listing of multinationals would be the major target of the commission in 2016.
Unilever led the price gainers with N3.52 to close at N9.68 per share.
Overall, investors bought 203 million shares worth N2.75 billion traded in 2,408 deals.
Investors are still wary after recent heavy regulatory sanctions on operators.
NSE data shows that foreign portfolio investment dipped to N69.33 billion in September, compared with N81.13 billion in August.
Thirty-six operators got additional capital, while 12 opted for mergers and acquisitions.
Mr. Fashola said “it's sad to see all our security personnel, all our security vehicles deployed to protect one man”.
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