Connect with us

Nigerian Stock Exchange

FCMB Founder Balogun Olasubomi Splashes Over N30 Million on FCMB Shares

Published

on

FCMB

FCMB Founder Balogun Olasubomi Splashes Over N30 Million on FCMB Shares

Chief Balogun Michael Olasubomi continues to increase his stake in FCMB Group ahead of the new year.

The Founder purchased additional 4,463,711 shares of FCMB Group at N3.03 per share on Wednesday, according to the disclosure statement released via the Nigerian Stock Exchange.

This was in addition to the 5.536 million shares bought in the last few days as reported by Investors King.

Therefore, Chief Olasubomi has splashed a total sum of N30.094 million on FCMB Group shares in the month of December alone. See the details of the latest transaction below.

 

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.

Nigerian Stock Exchange

Seplat Gained N25.597 Billion on Thursday to Top Other Stocks

Published

on

seplate to announce financial results on July 29, 2020

Seplat Gained N25.597 Billion on Thursday to Top Other Stocks

Seplat Petroleum Development Company Plc (Seplat) on Thursday led top gainers with N43.5 or 8.76 percent gain to settle at N540 per share.

The stock opened the day at N496.5 per share with investors trading 122,487 shares of Seplat during the trading hours of Thursday.

On Thursday, investors traded total shares of 809.362 million valued at N8.906 billion in 6,706 deals.

The market value of listed stocks rose by 1.54 percent to settle at N21.419 trillion while the NSE All-Share Index advanced to 40,963.14 index points.

Transcorp led most traded stocks’ chart with 136,578,001 shares estimated at N130,187,282.08. Mbenefit followed with 70,590,783 shares worth N27,389,418.45. See the details below.

Top Trades

Symbols Volume Value
TRANSCORP 136,578,001 N130,187,282.08
MBENEFIT 70,590,783 N27,389,418.45
GUARANTY 68,993,112 N2,251,734,120.25
WAPCO 61,851,781 N1,423,886,590.65
FBNH 44,533,521 N329,473,070.35

Top Gainers

Symbols Last Close Current Change %Change
SEPLAT N496.5 N540 43.5 8.76%
DANGCEM N230 N237 7 3.04%
MTNN N165 N168 3 1.82%
ARDOVA N20 N21.85 1.85 9.25%
NASCON N15.95 N17.5 1.55 9.72%

Top Losers

Symbols Last Close Current Change %Change
NEIMETH N2.2 N2.06 -0.14 -6.36%
GUINNESS N18.9 N18.85 -0.05 -0.26%
NAHCO N2.29 N2.25 -0.04 -1.75%
JAIZBANK N0.72 N0.7 -0.02 -2.78%
COURTVILLE N0.24 N0.22 -0.02 -8.33%

Continue Reading

Nigerian Stock Exchange

Adim Renwick Jibunoh, Director United Capital, Sells 5000 Shares of United Capital

Published

on

United-capital

Adim Renwick Jibunoh, Director United Capital, Sells 5000 Shares of United Capital

Adim Renwick Jibuno, one of the directors of United Capital Plc, sold 5000 shares of the company, according to the latest filing with the Nigerian Stock Exchange.

In a statement signed by Leo Okafor, Company Secretary, United Capital Plc, Jibunoh sells 5,000 units at an average price of N4.50 per share on December 09, 2020.

The transaction took place at the Nigerian Stock Exchange (NSE) trading floor in Lagos, Nigeria. See the details below.

Continue Reading

Nigerian Stock Exchange

Unusual Transaction: Anonymous Person or Group Transacts 755.008 Million Shares of UPDC Real Estate Investment on Tuesday

Published

on

Unusual Transaction: Anonymous Person or Group Transacts 755.008 Million Shares of UPDC Real Estate Investment on Tuesday

UPDC Real Estate Investment Trust (UPDCREIT) led the most traded equities’ chart on Tuesday as 755,007,570 shares valued at N4,152,541,635.00 were traded in an unusual transaction.

UPCREIT has 2,668,269,500 outstanding shares worth N14,675,482,250.00. However, an anonymous investor or investors traded 755.008 million shares at an average price of N5.5 per share during the trading hours of the day.

To further highlighted the unusual nature of the transaction, on Monday January 11, 2021, the total shares of UPDCREIT traded was 15,179 while 68,878 and 200 shares were traded on Friday, January 8, 2021 and Thursday, January 7, 2021, respectively.

On January 6th, a total of 17,841 shares estimated at N98,125.5. On January 5th and 4th 6,713,598 and 3,960 shares valued at N36,924,789 and N21,780 were traded respectively.

UPDC Real Estate Investment Trust with about 75 percent investment in real estate may have a new substantial shareholder that just completed an insider dealing yet to be announced through the Nigerian Stock Exchange but with the necessary approvals.

Nigerian Stock investors traded total shares of 1.166 billion valued at N7.969 billion during the trading hours of Tuesday.

The market value of listed stocks rose by 0.36 percent to N21.069 trillion, while the NSE All-Share Index rose to 40,295.95.

Continue Reading

Trending