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United Capital Insider in 500,000 Share Purchase

By Bala Augie
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United Capital Growth

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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The head of portfolio management at investment firm United Capital, Kayode Tinuoye has just purchased 500,000 shares according to a filing on the Nigerian Stock Exchange (NSE).

The shares were bought at an average price of N2.98 per share on August 04, 2020.United Capital closed trading at N2.98 per share yesterday and the stock is up +74 percent in the past year.

Insider purchases are considered a bullish signal by MoneyCentral.

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