Investors Bite

MIDDAY UPDATE: Nigerian Stocks Gains +0.01% on Consumer, Industrial Counters

February 15, 2022/InvestmentOne Report ASI as at 12.00pm: +0.01% Market movers: MORISON (+9.55%), RTBRISCOE (+9.52%), CHIPLC (-6.15%) and ETI (-2.80%). Sector Performances: Consumer Goods (+0.55%), Industrial (+0.02%), Banking (-0.52%) and Oil and Gas. Market activity: In today’s trade, total volume decreased by 7%, while value increased by 32%, compared to this time yesterday, as investors have traded about 104million units of shares worth N1.48billion. ACCESS is the most actively traded stock thus […]

AIRTELAFRI Drags NGXASI -0.3% to Kick Off Week Negative

EQUITIES Trading in the Nigerian equities market kicked off the week with negative sentiments as late profit-taking activities witnessed in AIRTELAFRI (-1.7%) caused a 0.3% decline in the benchmark index. Thus, the All-Share Index closed at 47,063.28 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +1.0% and +10.2%, respectively. The total volume traded increased […]

Nigerian Bourse Begins Week in Red Territory -0.29%, Dragged by Industrial, Oil & Gas Counters

February 14, 2022/InvestmentOne Report The Nigerian equities market closed in negative territory by 0.29% as NGX-ASI closed at 47,063.28pts.  In today’s trade, market breadth index was neutral with 23 gainers against 23 losers.  NCR (+10.00%) was the top gainer, while JAPAULGOLD (-7.69%) led the losers today  FIDELITYBK (+0.68%) was the most actively traded stock with about 35million units of shares […]