Investors Bite

Negative Sentiments Back as GTCO Drags Nigerian Equities to -0.4% Loss

March 24, 2022/Cordros Report EQUITIES Negative trading sentiments resurfaced in the domestic equities market, as profit-taking activities in GTCO (-1.3%) led the All-Share Index to close 0.4% lower at 46,961.62 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to -0.9% and +9.9%, respectively. The total volume of trades declined by […]

Positive Gain Reverses As Nigerian Bourse Sheds -0.43% Dragged by Banking, Consumer Goods Sectors

March 24, 2022/InvestmentOne Report The Nigerian equities market closed in the red territory by 0.43% as NGX-ASI closed at 46,960.29pts. In today’s trade, market breadth index was slightly positive with 16 gainers against 14 losers  VERITASKAP (+9.52%) was the top gainer, while RTBRISCOE (-9.72%) led the losers today. FIDELITYBK (+1.54%) was the most […]

Domestic Investors Outperform Foreign Investors by +50% in February-NGX

March 23, 2022/NGX On a monthly basis, Nigerian Exchange Limited polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4 flows. As at 28 February 2022, total transactions at the nation’s bourse decreased by 43.24% from N323.38billion (about $777.32million) in January 2022  to N183.56billion (about $441.61million) […]