Investors Bite

Nigerian Bourse Begins Week Bearish -0.1%, Dragged by Banking, Industrial Sectors

September 5, 2022/Cordros Report EQUITIES Activities in the domestic equities market resumed the week on a sour note, as investors took profits off WAPCO (-4.2%), ZENITHBANK (-2.3%), and STANBIC (-3.0%). Thus, the All-Share Index settled lower by 0.1% at 49,991.41 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at +0.3% […]

MIDDAY UPDATE: Nigerian Stocks Head Northward +0.01%, Driven by Consumer Goods Sector

September 5, 2022/InvestmentOne Report ASI as at 12.00pm: +0.01% Market movers: CHAMS (+7.69%), FLOURMILL (+4.46%), ABCTRANS (-9.68%) and JAPAULGOLD (-6.06%). Sector Performances: Consumer Goods (+0.11%), Banking (-0.15%), Oil and Gas and Industrial. Market activity: In today’s trade, total volume and value decreased by 50% and 74% respectively compared to this […]