Stock Market

Insider Dealings: Heineken Brouwerijen B.V Buyers 274,542 Shares in Nigerian Breweries

Published

3 months ago

August 15, 2020

Heineken Brouwerijen B.V Purchases 274,542 Shares in Nigerian Breweries

Nigerian Breweries Plc on Friday disclosed that the Heineken Brouwerijen B.V, a foreign substantial shareholder, purchased the company’s shares in three separate transactions.

In a disclosure statement released through the Nigerian Stock Exchange, the company said Heineken Brouwerijen B.V bought ordinary shares of Nigerian Breweries Plc of 125,964 at N33.92 per share.

Again, Heineken Brouwerijen B.V purchased another 62,339 shares at N36.35 per share. This was followed by another 86,239 shares acquired at N37 per share.

On aggregate, the company purchased a total of 274,542 units at an aggregate price of N35.76 per share from the Nigerian Stock Exchange in Lagos between August 11 and 13, 2020. See the details below.

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Samed Olukoya

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Stock Market

Insider Dealing: Chide Agbapu Buys 1 Million Shares in Fidelity Bank

Published

49 mins ago

November 24, 2020

Samed Olukoya

The management of Fidelity Bank on Friday said Mr. Chidi Agbapu, a non-executive director, bought 1,000,000 shares of Fidelity Bank Plc.

In line with the Nigerian Stock Exchange (NSE) disclosure policy, the lender said Agbapu purchased the shares in two different transactions on November 9, 2020.

According to a statement signed by Ezinwa Unuigboje, Company Secretary, Fidelity Bank, the shares were purchase in two deals of 500,000 units each at N2.75 per share. See the details below.

Stock Market

Nestle S.A. Gradually Taking Over Nestle Nigeria, Increases Stake Yet Again

Published

10 hours ago

November 24, 2020

Samed Olukoya

Nestle S.A. has once again increased stake in Nestle Nigeria in a move that scream absolute takeover or confidence in the future of Nestle Nigeria Plc.

In the latest statement forwarded to the Nigeria’s Stock Exchange, Nestle Nigeria Plc said Nestle S.A. purchased 102,690 shares of Nestle Nigeria Plc.

The shares were acquired at N1,400 per share on November 20, 2020 at Nigerian Stock Exchange (NSE) in Lagos, Nigeria.

This is Nestle S.A.’s second purchase this month following 229,697 shares of Nestle Nigeria Plc acquired on November 9th, 2020 in Lagos, Nigeria.

Nestle S.A. has invested more than N1 billion in Nestle Nigeria Plc this year alone, forcing investors to think a gradual takeover or change of leadership is around the corner.

Stock Market

Zenith Bank Led Most Traded Stocks After Strong Third Quarter Financial Results

Published

11 hours ago

November 24, 2020

Samed Olukoya

Investors traded 79.741 million Zenith Bank’s share valued at N1.913 billion on Monday following a strong positive third-quarter report released on Friday.

The leading financial institution posted N508.979 billion gross earnings in the nine months ended September 30, 2020. The highest among banks that have so far released their unaudited financial statements.

Investors traded 568.037 million shares worth N7.326 billion in 8,928 transactions during the trading hours of Monday.

The Nigerian Stock Exchange Market Capitalisation declined by N9 billion from N17.838 trillion to N17.829 trillion. While NSE All-Share Index depreciated by 0.04 percent to 34,121.78 index points.

Airtel Africa led top gainers with N25 or 5 percent to close at N525 per share. Nestle trailed Airtel with N25 or 1.82 percent to settle at N1400 per share.

Dangote Cement, BUA Cement and NEM followed with N6.6 or 3.42 percent; N2.55 or 4.77 percent and N0.02 or 0.78 percent to finish the day at N199.8 per share; N56 per share and N2.6 per share, respectively. See the details below.

Top Traded Stocks

Symbols	Volume	Value
ZENITHBANK	79,740,780	N1,912,937,383.60
FBNH	72,749,297	N499,576,761.15
ACCESS	65,741,063	N520,344,059.70
UBA	46,968,616	N360,036,464.00
GUARANTY	37,096,752	N1,266,010,624.80