The shares of UBA Plc were adjusted for a twin benefit declaration consisting final cash dividend of N0.75 and stock dividend of “1 for 4â€ÂÂÂÂÂ�. After today’s adjustment, the stock closed at N11.56 per share. 

Airline Services and Logistics Plc announced its third quarter financial performance today. The company’s turnover grew by 9.9% to N2.75bn, while net profits dropped by 26.3% to N207.8mn. Its stock was unchanged at N14.44.

Standard Alliance Group Plc provided forecasts for its first quarter results in the coming financial year. Management expects a gross premium of N947.3mn; while net profit is expected to hover around N430.3mn. Should the company achieve this, net profit margins would be healthy at 45.4%. Meanwhile, the company’s stock shed 476 bpts to N1.40 today.