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   Market Date: 22-10-2014   
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Investors NewsBeat

  1. BIG Interest in PRESTIGE as volume surges astronomically amid flat price


    Today, PRESTIGE recorded an astronomical growth in its bearish volume while its price remained flat at nominal value of N0.50kobo. This shows that both the investors and shareholders maintained unenthusiastic trading postures towards the stock despite the general renewed optimism on the bourse.
  2. COSTAIN sustains reversal trend, breaks away with 10.00% gain


    Today, the shares of COSTAIN gapped up, recording a break-away rally within the band. The stock leads market performance with +10.00% gain as money inflow index surged significantly to reflect a strong reversal trend.
  3. MRS Reschedules Board Meeting


    MRS Oil Nigeria Plc has notified The Nigerian Stock Exchange that its Board meeting earlier scheduled for to hold on 30 October 2014 to consider the 3rd quarter unaudited results of the company has been re-scheduled to 12 November 2014.
  4. BETAGLAS Announces Plan to Explore Strategic Options by Parent Company


    Beta Glass Plc has notified The Exchange that Frigoglass SAIC in Attens, the parent company of Frigoglass Industries Nigeria Limited, which is the core investor in Beta Glass Plc has announced that it is commencing an exploratory process relating to strategic options for its Glass business.
  5. UBA jumps out of oversold region, gains +9.10% on volume spike


    Today, UBA experienced renewed and active bargain optimism with corresponding spike in bullish volume traded. The stock halts the active sell-down activities with a maximum gain of +9.10%, after hitting 21months low at N5.29kobo in an oversold region- an indication of renewed investors loyalty towards the stock.
  6. Robust lending remains a key driver - Access Bank Plc


    Access Bank Plc (Access) recently published its Q3-14 results that showed an EPS growth of 26.4% yoy, behind our FY-14E expectation of a 21.9% yoy growth. We revise our 12-month target price up to N11.84 from N11.78 and maintain our BUY recommendation on the stock on a more positive outlook for ROAE.
  7. CAP Proposes N1.50k Interim Dividend for Q3 Ended September 2014


    Chemical and Allied Products Plc has proposed an interim dividend of N1.50kobo per share for the third quarter ended 30 September, 2014. Below are the details of the corporate action
  8. RETAIL INVESTORS: What you can do as we head towards bear market


    It is very important to know and understand a bear market is very difficult market to trade as all stocks prices would be beaten so hard and any strategy can only limit your losses
  9. 7UP hits historical high, records upper breakout on huge volume


    Today, 7UP experienced a sustained and impressive patronage with a significant surge in volume traded by 4259.93% while the price hits a record high at N162.86kobo.
  10. Sterling Bank Plc: Operational Efficiency Driving Performance


    Sterling Bank Plc. (Sterling or the bank) recently released its results to June 2014. The unaudited 1H 2014 results show an increase in gross earnings to N48.70billion, up by 16.35% compared with N41.86billion recorded in the corresponding period of 2013.
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