SAHCO eyes expansion as N1.89bn IPO closes

Market News

Skyway Aviation Handling Company Plc has revealed plans to expand as its N1.89bn Initial Public Offering draws to a close. The firm, in a statement on Monday, said it planned to consolidate its leading position in the Nigerian aviation handling industry by expanding into other West African countries as part of efforts to ensure long-term…

DAILY MARKET REPORT 08 JANUARY 2019

Daily Market Report

Equities Market At the close of today’s Trading session, the Nigerian equities Bourse declined further by 1.20% as measured by NSE ASI and Market capitalization, as they both closed at 30,036.15 points and N11,200.75tr respectively. Year-to-Date ASI is at a negative of 3.33%. Volume, Value of trades both declined by 2.85% and 20.13%, while No…