Investors Bite

Bullish Momentum Switch Onto Higher Gear as Benchmark Index Advance +1.2%

October 4, 2021/Cordros Report EQUITIES The bullish momentum in the domestic bourse switched onto a higher gear as the benchmark index advanced by 1.2% to 40,716.66 points. Precisely, foreign investors interest in AIRTELAFRI (+6.3%) following its share buy-back plan buoyed the impressive performance. Consequently, the Month-to-Date and Year-to-Date returns increased […]

Bulls Sustain Hold as NGX-ASI Gains+1.18% Driven by Banking Oil & Gas Counters

October 5, 2021/InvestmentOne Report The Nigerian equities market closed positive today by 1.18% as NGX-ASI closed at 40,716.66 pts.  In today’s trade, market breadth index was positive with 32 gainers against 18 losers.  FBNH (+9.76%)  led the gainers, while UPL (-9.63%) was the top loser today.  UNIVINSURE was the most actively traded stock with about 105million units of shares worth about […]

Daily Insight: Local Bourse Sustained Bullish Run…ASI Up by 0.1%

October 5, 2021/United Capital Research The domestic stock market started the first trading session of the week in green as the market continued its bullish run from the previous close. The All-Share index climbed by 0.1% to close at 40,243.05 points due to marginally bargain-hunting activities in the market as […]