Investors Bite

Bellwether Drags NGXASI to -0.1% Weekly Loss

Although the domestic equities market kicked off the first trading day of the year positively, pressure from profit-taking activities in the penultimate trading session dragged the benchmark index lower. Accordingly, the All-Share Index dipped by 0.1% w/w to close at 51,222.34 points. January 8, 2023/Cordros Report Global Economy The Euro […]

Nigerian Bourse Continues Bullish Performance +0.12%, Driven by Banking, Consumer Goods Sectors

January 4, 2023/InvestmentOne Report The Nigerian Bourse closed with a bullish performance of 0.12% as the NGX-ASI settled at 51,657.56pts.  In today’s trade, market breadth index was positive with 21 gainers against 12 losers.  NB (+10.00%) was the top gainer, while CHAMPION (- 10.00%) led the losers today.  BUACEMENT (-1.79%) was the […]

Nigerian Stocks Start Year Bullish +0.71%

January 3, 2022/Cordros Report EQUITIES The Nigerian equities market commenced the first trading session of the year on a bullish note, following bargain hunting in BUAFOODS (+10.0%). Thus, the All-Share Index advanced by 0.7% to 51,595.66 points. Accordingly, the Year-to-Date return printed +0.7%. The total volume traded declined by 63.9% to […]