Investors Bite

FGN Savings Bond February 2022

February 7, 2022/InvestmentOne Update The offer for the Fifty-six (56th) series of the FGN savings bond will be coming up between the 7th of February 2022  and 11th of February 2022 and Investment One Stockbrokers Int’l Ltd as a Distribution Agent (DA) for the bond, will be receiving applications from the investing public starting from the 7th of February 2022 […]

Nigerian Equities Open Week Bearish -0.2% on Profit-Taking in MTNN

February 7, 2022/Cordros Report EQUITIES The Nigerian equities market started the week’s trading on a negative note as profit-taking witnessed in MTN (-0.7%) caused a 0.2% decline in the benchmark index. Thus, the NGX ASI settled at 47,203.39 points. Consequently, the Month-to-Date and Year-to-Date return moderated to +1.2% and +10.5%, respectively. The total volume […]

NGX Begins Week Negative, Down -0.16% on Losses in Consumer, Oil & Gas Counters

February 7, 2022/InvestmentOne Report The Nigerian equities market closed in negative territory by 0.16% as NGX-ASI closed at 47,203.39pts.  In today’s trade, market breadth index was neutral with 23 gainers against 23 losers.  SUNUASSUR (+10.00%) was the top gainer while OKOMUOIL (-10.00%) led the losers today.  GTCO (-0.55%) was the most actively traded stock with about 45million units of shares […]