The Nigerian Stock Exchange has admitted Osun State's N30bn bond Series 1 2012/2019 into its Daily Official List.
The 14.75 per cent Osun December 2019 bond is a Fixed Rate Bond (Series 1) that forms part of the state's debt issuance programme and was admitted on Tuesday.
The NSE report for the week ended April 26, 2013, stated that a total of 800 million units of shares, resulting from the recent placing were added to the outstanding shares of Livestock Feeds Plc.
The report noted that in the week under consideration, Total Nigeria Plc declared a dividend of N8 to be paid to investors as from June 17, 2013, while Berger Paints Nigeria Plc declared 70 kobo per share, which will be paid from June 21, 2013.
It added that Glaxosmithkline Nigeria Plc and Dangote Sugar Refinery Plc also declared dividends of N1.30 and 50 kobo per share, which will be paid to investors as from May 25 and May 14, 2013 respectively.
In the Over-the-Counter Bond market, a turnover of 186.579 million units valued at N223.7bn were recorded last week in 793 deals, in contrast to 108.212 million units worth N131.61bn in 622 deals recorded the preceding week.
According to the report, a total of 14,905 units of NewGold Exchange Traded Funds valued at N32.68m were traded in 50 deals compared with a total of 6,021 units valued at N12.944m transacted the preceding week in 21 deals.
Also, 1,420 units of FGN bonds valued at N173,253 were traded during the week in eight deals in contrast to 4,140 units valued at N4.471m transacted last week in 30 deals.
In the equities market, 1.758 billion shares worth N17.89bn were exchanged by investors in 23,958 deals. This was in contrast to a total of 2.114 billion shares valued at N26.68bn exchanged the previous week in 27,624 deals.
At the close of trading activities for the week, the financial services sector led on the activity chart, as a total of 1.443 billion shares valued at N10.502bn were exchanged by investors in 14,600 deals.
