Investors Bite

Nigerian Bourse Rebounds +0.4% on Bargain Hunting in BUACEMENT

September 26, 2022/Cordros Report EQUITIES Activities in the domestic equities market resumed the week on a positive note as the All-Share Index notched a 0.4% increase to close at 49,218.35 points. The positive performance was supported by bargain-hunting in BUACEMENT (+5.4%). Accordingly, the Month-to-Date and Year-to-Date returns settled at -1.2% […]

MIDDAY UPDATE: Nigerian Stocks Gain 0.15%, Driven by Banking, Industrial Counters

September 26, 2022/InvestmentOne Update ASI as at 12.00pm: +0.15% Market movers: MULTIVERSE (+9.93%), UBN (+7.83%), ACADEMY (-10.00%) and NEM (-8.91%) . Sector Performances: Banking (+0.84%), Industrial (+0.33%), Consumer Goods and Oil and Gas. Market activity: In today’s trade, total volume increased by 4%, while total value decreased by 71% compared to […]

An Uptick in Activity Level in August

September 26, 2022/CSL Research The bearish sentiments in the Nigerian equities market extended into August as the All-Share Index (ASI) lost 1.1%, the fourth monthly loss year to date. This moderated the YTD gain to 16.7% in August from 17.9% in July, 21.3% in June and 25.6% in May 2022. […]