Investors Bite

MIDDAY UPDATE: Nigerian Stocks Gain +0.03%, Driven by Banking, Consumer Goods Sectors

October 27, 2022/InvestmentOne Update ASI as at 12.00pm: +0.03% Market movers: REGALINS (+8.70%), JAPAULGOLD (+7.41%), AIICO (-1.72%) and GEREGU (-1.72%). Sector Performances: Banking (+0.85%), Consumer Goods (+0.01%), Industrial and Oil and Gas. Market activity: In today’s trade, total volume and value decreased by 4% and 65% respectively, compared to this […]

NGX Sustains Bullish Momentum as Index Up +0.2% Driven by BUACEMENT

October 26, 2022/Cordros Report The local bourse extended the week’s gains as sustained interest in BUACEMENT (+2.6%) drove the All-Share Index 0.2% higher to close at 44,859.78 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -8.5% and +5.0%, respectively. The total volume traded declined by 41.3% to 93.51 million […]

MIDDAY UPDATE: Nigerian Stocks Head Northwards +0.22%, Driven by Industrial, Oil & Gas Counters

October 26, 2022/InvestmentOne Update ASI as at 12.00pm: +0.22% Market movers: MULTIVERSE (+10.00%), RTBRISCOE (+10.00%), ROYALEX (-9.33%) and JAPAULGOLD (-3.57%). Sector Performances: Industrial (+1.15%), Oil and Gas (+0.35%), Banking (-0.11%) and Consumer Goods (-0.04%). Market activity: In today’s trade, total volume and value decreased by 42% and 4% respectively, compared […]