Tag
NEM INSURANCE
@oando_plc leads the stocks to watch this week as a court case filed against the @secnigeria resumes hearing.
While Femi Otedola's exit from @forteoilng was major news last week, @oando_plc vs @secnigeria court case resumes next week
@chams_plc led the losers on the @nsecontact this week, declining by 13.89%
Here is a rundown of corporate actions expected on the @nsecontact this coming week
@neminsuranceplc was the worst performing stock this week declining by 13.14% to close at N2.05
@neminsuranceplc at its 48th AGM, will be seeking shareholders approval to raise N2.6 billion through a private placement.
Thomas Wyatt Plc led the gainers this week on the Nigerian Stock Exchange (NSE) appreciating by 24%.
Beta Glass Plc led the top 10 gainers on the Nigerian Stock Exchange for the trading week ended May 10. 2019. The stock appreciated by 23.1% to close at N68.95.
NEM Insurance Plc has declared a final dividend of 14 kobo per 50 kobo ordinary share for the financial year ended Monday, December 31, 2018.
The performance of the Nigerian Equity Market returned bearish last week, with the index (NSE ASI) down by 1.15% WTD to close at an index level of 29,740.41 and market capitalisation of N11.18 trillion.
FBN Holdings and Capital Hotels Plc will be holding their Annual General Meetings next week, among other corporate actions on the @nsecontact next week.
PZ Cussons Nigeria Plc was one of the worst performing stocks this week, dropping to a ten year low of N8.85.