Investors Bite

Positive Trend Reverses As Market Sheds 0.38% Dragged by Banking, Industrial Counters

February 2, 2022/InvestmentOne Report The Nigerian equities market closed southwards by 0.38% as NGX-ASI closed at 46,930.66pts.  In today’s trade, market breadth index was broadly negative with 33 losers against 21 gainers.  IKEJAHOTEL (+10.00%) was the top gainer, while ABCTRANS (-8.33%) led the losers today.  FIDELITYBK (+0.35%) was the most actively traded stock with about 48million units of shares worth […]

Nigerian Bourse Extends Previous Gains ASI Advance +1.0% Buoyed by MTNN

February 1, 2022/Cordros Report EQUITIES The domestic bourse extended yesterday’s gains, as the All-Share Index advanced by 1.0% to 47,111.21 points. Today’s performance was underpinned by sustained interests in MTNN (+2.5%). Consequently, the Month-to-Date return printed +1.0%, while the YTD return increased to +10.3%. The total volume of trades declined […]

NGX Sustains Bullish Sentiments, ASI Improves +1.04% on Gains Across Sectors

February 1, 2022/InvestmentOne Report The Nigerian equities market closed northwards by 1.04% as NGX-ASI closed at 47,111.21pts.  In today’s trade, market breadth index was broadly positive with 36 gainers against 21 losers.  SEPLAT (+10.00%) was the top gainer while CAVERTON (-9.50%) led the losers today  TRANSCORP (+2.63%) was the most actively traded stock with about 32million units of shares worth […]