Investors Bite

Bulls Dominate NGX to Kick-Start First Trading Week of 2022 Strong +2.7%

The dominance of the bulls ensured the local bourse kicked off the first trading week of 2022 on a strong footing, as the benchmark index recorded gains in all trading sessions this week. Precisely, the All-Share Index advanced by 2.7% w/w to close at 43,854.42 points.  January 7, 2022/Cordros Report […]

Nigerian Bourse: First Trading Week of the Year Ends in Green +2.66%

January 7, 2022/InvestmentOne Report The Nigerian equities market closed northwards by 0.57% as NGX-ASI closed at 43,854.42pts. Similarly, the NGX-ASI closed up by 2.66% WTD.  In today’s trade, market breadth index was broadly positive with 31 gainers against 9 losers.  MEYER (+10.00%)  led the gainers, while CHIPLC (-9.59%) was the top loser today.  BUAFOODS (+9.92%) was the most actively traded […]

Nigerian Bourse Sustains Positive Trend ASI Up +0.30% Driven by FBNH, WAPCO

January 6, 2022/Cordros Report EQUITIES The domestic equities market sustained its positive run, as demand for WAPCO (+3.1%) and FBNH (+1.8%) stocks spurred a third consecutive gain in the market. Precisely, the All-Share Index notched a 0.3% increase to 43,607.94 points. Accordingly, the Year-to-Date return increased to +2.1%. The total […]