Investors Bite

NGX-ASI Maintains Northward Climb…Up by 51Bps

April 12, 2022/United Capital Research The Nigerian stock exchange extended its bullish close into the second consecutive day at the close of yesterday’s trading session, following Friday’s comfortable close. Notably, the climb was propelled by bargaining hunting in MTNN (+1.2%) and ZENITH (+1.4%), as investors sought to take advantage of […]

MIDDAY UPDATE: Nigerian Stocks Appreciate +0.37% Buoyed by Bellwether Counters

April 12, 2022/InvestmentOne Update ASI as at 12.00pm: +0.37% Market movers: MEYER (+9.68%), NB (+9.20%), REGALINS (-8.11%) and PRESTIGE (-6.98%). Sector Performances: Banking (+0.81%), Consumer Goods (+2.12%), Industrial (+0.06%) and Oil and Gas. Market activity: In today’s trade, total volume and value increased by 61% and 10% respectively, compared to […]

MTNN, ZENITHBANK Leads NGX Index to Open Week Positive +0.5%

April 11, 2022/Cordros Report EQUITIES Trading activities in the domestic bourse started this week on a positive note, supported by investors’ demand for MTNN (+1.2%) and ZENITHBANK (+4.4%) stocks. Thus, the All-Share Index advanced by 0.5% to 46,867.95 points. Accordingly, the Month-to-Date loss moderated to -0.2%, while the Year-to-Date gain […]