Investors Bite

Nigerian Stocks Eke Out +0.3% Weekly Gain amid Profit-Taking Pressure

Local stocks managed to eke out a weekly gain despite pressure from profit-taking activities, as the All-Share Index ended the week 0.3% higher to close at 43,308.29 points. November 26, 2021/Cordros Report Global economy According to preliminary estimates from the IHS Markit/CIPS, the United Kingdom’s (UK) output expansion remain upbeat […]

Bearish Sentiments Drag ASI Down -0.32% on Losses Across Sectors

November 25, 2021/InvestmentOne Report The Nigerian equities market closed southwards by 0.32%, as NGX-ASI closed at 43,108.77 pts.  In today’s trade, market breadth index was broadly negative with 24 losers against 14 gainers.  MRS (-9.87%) was the top loser, while HONYFLOUR (+9.76%) led the gainers today.  HONYFLOUR (+9.76%) was the most actively traded stock with about 52 million units of shares worth […]