Investors Bite

NGXASI Heads Northward in New Month Gains +0.43%, Driven by Oil & Gas, Consumer Counters

March 1, 2022/InvestmentOne Update ASI as at 12.00pm: +0.43% Market movers: SEPLAT (+9.99%), ROYALEX (+9.49%), CUTIX (-10.00%) and CAVERTON (-9.68%). Sector Performances: Oil and Gas (+5.15%), Consumer Goods (+0.02%), Banking (-0.51%) and Industrial (-0.12%).   Market activity: In today’s trade, total volume and value increased by 77% and 126% respectively, compared to this time yesterday, as investors have traded about 116million units of shares worth N1.17billion. NIGERINS is the most actively […]

Domestic Investors Outperform Foreign Investors by +74% in January-NGX

February 28, 2022/NGX On a monthly basis, Nigerian Exchange Limited polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)2 flows. As at 31 January 2022, total transactions at the nation’s bourse increased by 104.33% from N158.26billion (about $363.81million) in December 20213 to N323.38billion (about $777.32million) […]

Trading in Nigerian Equities Open Week Bullish +0.1% Driven by ETI, WAPCO

February 28, 2022/Cordros Report EQUITIES Trading in the domestic equities market opened the week with a bullish performance as bargain buying activities on ETI (+5.3%), and WAPCO (+2.5%) triggered a 0.1% gain in the All-Share Index to 47,394.53 points. Accordingly, the Month-to-Date and Year-to-Date returns increased to +1.7% and +11.0%, respectively. The total volume traded […]