Investors Bite

Intraday Update: Nigerian Stocks Advance +0.03% Buoyed by Consumer Goods Counters

January 25, 2023/InvestmentOne Update ASI as at 12.00pm: +0.03% Market Mover: OKOMUOIL (+9.76%) Top Gainers and Losers: TRIPPLEG (+10.00%), CHELLARAM (+10.00%), RTBRISCOE (-10.00%) and CORNERST (-6.90%).   Sector Performances: Consumer Goods (+0.35%), Banking (-0.01%), Industrial and Oil and Gas. Market activity: In today’s trade, total volume decreased by 42% while […]

NGX Reverse Previous Gains Close -0.1% Lower as Investors Sold-Off NB Plc

January 24, 2023/Cordros Report EQUITIES The local bourse reversed yesterday’s gains, closing 0.1% lower as investors sold off NB (-9.9%). As a result, the NGX ASI closed at 52,612.55 points, with the Year-to-Date return settling at +2.7%. The total volume traded increased by 26.9% to 182.40 million units, valued at […]

Equities Market Declines -0.09% Dragged by Consumer Goods Sector

January 24, 2023/InvestmentOne Report The local equities closed on a negative note today as the NGX-ASI fell by 0.09% to settle at 52,612.55pts.  In today’s trade, market breadth index was positive with 21 gainers against 14 losers.   NB (-9.90%) led the losers today, while the top gainer was MBENEFIT (+10.00%).  […]