Investors Bite

ASI Intraday Update: Stocks Gain +0.01%, Driven y Oil & Gas Counters

December 22, 2022/InvestmentOne Update ASI as at 12.00pm: +0.01% Market movers: FBNH (+2.70%) and FIDELITYBK (+1.14%). Top Gainers and Losers: JBERGER (+9.91%), JAPAULGOLD (+7.69%), UPDCREIT (-6.45%) and WAPIC (-5.00%). Sector Performances:, Oil and Gas (+0.02%), Banking (-0.45%), Consumer Goods and Industrial. Market activity: In today’s trade, total volume increased by […]

FBNH, GTCO Drives Nigerian Stocks Marginally High by +0.1%

December 21, 2022/Cordros Report EQUITIES The domestic bourse traded marginally higher in today’s session as interest in FBNH (+3.7%) and GTCO (+1.9%) triggered a 0.1% increase in the benchmark index. Consequently, the All-Share Index closed at 49,475.43 points, with the Month-to-Date and Year-to-Date returns increasing to +3.8% and +15.8%, respectively. […]

Nigerian Equities Traded with Mixed Sentiments as Index Close Flat

December 20, 2022/Cordros Report EQUITIES The Nigerian equities market traded with mixed sentiments as gains in ZENITHBANK (+1.0%) and DANGSUGAR (+1.3%) proved sufficient in offsetting the loss in FBNH (-1.4%). Thus, the All-Share Index traded flat at 49,416.18 points, with the Month-to-Date and Year-to-Date returns unchanged at +3.7% and +15.7%, […]