Investors Bite

NGX-ASI Begins Week Red -0.25% Dragged by Banking, Industrial Sectors

November 28, 2022/InvestmentOne Report The Nigerian equities market closed southwards by 0.25% as the NGX-ASI settled at 47,436.45pts.  In today’s trade, market breadth index was negative with 15 losers against 17 gainers.  PRESTIGE (+9.30%) led the gainers, while BETAGLAS (-9.90%) was the top loser today.  REGALINS (-4.00%) was the most actively traded […]

NGX, IFC Promote Opportunities in Green, Social and Sustainability Bonds

November 25, 2022/NGX Nigerian Exchange Limited (“NGX” or “The Exchange”), the sustainable Exchange championing Africa’s growth, and International Finance Corporation (IFC), Wednesday announced a partnership to facilitate the issuance of green, social and sustainability bonds in Nigeria to increase financing for projects that address climate and social issues. The announcement […]

Bulls Sustain Hold as Nigerian Bourse Close Week +6.9% Driven by Bellwether

This week, the dominance of the bulls ensured the local bourse closed the week on a strong footing, as the benchmark index recorded gains in all trading sessions following demand for bellwether stocks. Accordingly, the All-Share Index advanced by 6.9% w/w to close at 47,554.34 points. November 25, 2022/Cordros Report […]