Investors Bite

Intraday Update: Nigerian Stocks Gain +0.01%, Driven by Banking, Industrial Sectors

January 19, 2023/InvestmentOne Update ASI as at 12.00pm: +0.01% Top Gainers and Losers: INTENEGINS (+9.76%), CAVERTON (+9.38%), UPDCREIT (-6.06%) and CHIPLC (-5.80%). Sector Performances: Banking (+0.05%), Industrial (+0.05%), Consumer Goods (-0.05%) and Oil and Gas. Market activity: In today’s trade, total volume and value decreased by 78% and 82% respectively, […]

Dangote Cement Drags Nigerian Bourse to Bear Zone -0.2%

January 18, 2023/Cordros Report EQUITIES The domestic bourse traded on a sour note in today’s trading session, as profit-taking activities in DANGCEM (-1.9%) weighed on market performance. Accordingly, the All-Share Index declined by 0.2% to 52,615.51 points, with the Year-to-Date return settling at +2.7%. The total volume traded declined by 4.6% […]

FBNQuest Securities Ranks among Top 10 Stockbroking Firms in 2022

January 18, 2023/Hill+Knowlton Strategies FBNQuest Securities, a wholly-owned subsidiary of the FBNQuest Merchant Bank and a member of the FBN Holdings Group, has once again been ranked among the top 10 stockbroking firms by value traded in 2022. This is according to data released by the Nigeria Exchange Limited (NGX). […]