Investors Bite

MIDDAY UPDATE: Nigerian Stocks Up +0.11% on Gains in Banking, Consumer Sectors

November 24, 2021/InvestmentOne Update ASI as at 12.00pm: +0.11% Market movers: CHAMS (+9.52%), AIICO (+9.26%), HONYFLOUR (-9.78%) and FTNCOCOA (-9.52%). Sector Performances: Consumer Goods (+0.83%), Banking (+0.15%), Industrial (-0.01%) and Oil and Gas Market activity: In today’s trade, total volume and value increased by 75% and 62% respectively, compared to this time yesterday, as investors have traded about 117million units of shares worth N 1.34 billion. FCMB (+7.87%) is the […]

Nigerian Equities Trades with Mixed Sentiments, Flat at 43,255.14 Points on INTBREW Loss

November 23, 2021/Cordros Report EQUITIES The Nigerian equities market traded with mixed sentiments as a loss in INTBREW (-2.7%) offset gains in ACCESS (+1.7%). Thus, the All-Share Index traded flat at 43,255.14 points, with the Month-to-Date and Year-to-Date returns unchanged at +2.9% and +7.4%, respectively. The total volume of trades […]

Bears Resurface as ASI Dips Marginally -0.01% Dragged by Consumer, Oil & Gas Sector

November 23, 2021/InvestmentOne Report The Nigerian equities market closed negative by 0.01% as NGX-ASI closed at 43,255.14 pts.  In today’s trade, market breadth index was positive with 19 gainers against 15 losers.  UPDC (-9.35%) was the top loser, while HONYFLOUR (+9.95%) led the gainers today.  GTCO (-0.20%)  was the most actively traded stock with about 36 million units of shares worth about […]