Investors Bite

Nigerian Exchange Limited to Implement New Strategy to build on Gains of Demutualisation

March 1, 2022/NGX As part of ongoing activities aimed at improving business operations and processes at Nigerian Exchange Limited (“NGX or the Exchange”), the Board of the Exchange has approved a new strategy centered on digital transformation, strategic partnerships, and customer-centric solutions. These will ensure that the bourse becomes a […]

SEPLAT, MTNN Drives Nigerian Stocks to Second Straight Bullish Session +0.2%

March 1, 2022/Cordros Report EQUITIES     The Nigerian equities market closed higher for the second consecutive session, as investors’ interest in SEPLAT (+10.0%) and MTNN (+1.0%) drove a 0.2% increase in the benchmark index. Precisely, the All-share Index closed at 47,482.73 points. Consequently, the Month-to-Date return printed +0.2%, while the […]

SEPLAT, MTNN Bolsters Positive Performance as NGXASI Gains +0.19%

March 1, 2022/InvestmentOne Update The Nigerian equities market closed in the positive territory by 0.19% as NGX-ASI closed at 47,482.73pts.  In today’s trade, market breadth index was broadly negative with 15 gainers against 34 losers.  SEPLAT (+9.99%) was the top gainer, while CUTIX (-10.00%) led the losers today.  FCMB (+3.23%) was the most actively traded stock with about 58million units of […]