Investors Bite

Nigerian Bourse Sustains Bulls Run +0.2%, DrIven by GERERGU

January 31, 2023/Cordros Report EQUITIES Sentiments remained positive in the local bourse as demand for GEREGU (+10.0%) supported market performance.  Accordingly, the All-Share Index inched higher by 0.2% to close at 53,238.67 points. Consequently, the Year-to-Date return advanced to +3.9%. The total volume traded increased by 24.3% to 250.19 million […]

Bullish Trend Continues as NGXASI Gains +0.15% Buoyed by Industrial Sector

January, 31, 2023/InvestmentOne Report The local bourse continued yesterday’s bullish trend, albeit at a slower pace as the NGX-ASI moved upwards by 0.15% to settle at 53,238.67pts.  In today’s trade, market breadth index was significantly positive with 29 gainers against 18 losers.   VERITASKAP (+10.00%) led the gainers today, while the […]

Intraday Update: Nigerian Stocks Advance +0.25% on Banking, Industrial Sector Gains

January 31, 2023/InvestmentOne Update ASI as at 12.00pm: +0.25% Market Mover: SEPLAT (+10.00%) Top Gainers and Losers: VERITASKAP (+10.00%), LIVINGTRUST (+10.00%), CHAMS (-10.00%) and NCR (-10.00%).   Sector Performances: Banking (+1.05%), Industrial (+0.03%), Consumer Goods (-0.11%), and Oil and Gas. Market activity: In today’s trade, total volume decreased by 88% […]