Investors Bite

Nigerian Bourse Records Negative Performance -2.16% by AIRTELAFRI, Other Bellwether Counters

October 18, 2022/InvestmentOne Report The Nigerian equities market closed in red by 2.16% as the NGX-ASI settled at 45,366.32pts.  In today’s trade, market breadth index was positive with 18 gainers against 15 losers.  UCAP (+9.69%) led the gainers, while AIRTELAFRI (-10.00%) was the top loser today.  CWG (-8.64%) was the most actively […]

Nigerian Equities Market Start Week Sour -2.5% Dragged by AIRTELAFRI

October 17, 2022/Cordros Report EQUITIES   The Nigerian equities market started the week on a sour note as AIRTELAFRI closed limit down (-10.0%). As a result, the All-Share Index declined by 2.5% to 46,365.95 points – its lowest point since April 2022. Accordingly, the Month-to-Date loss increased to -5.4%, while […]

Nigerian Stocks Open Week Red -2.53% Driven by Selloff in AIRTELAFRI

October 17, 2022/InvestmentOne Report The Nigerian equities market closed southwards by 2.53% as the NGX-ASI settled at 46,365.95pts.  In today’s trade, market breadth index was positive with 14 gainers against 5 losers.  PZ (+9.52%) led the gainers, while AIRTELAFRI (-10.00%) was the top loser today.  GTCO (+1.12%) was the most actively traded […]