Investors Bite

Domestic Stocks Reverse Bearish Run…ASI Rises 1.9%

September 30, 2021/United Capital Research The domestic stock market reversed its bearish run yesterday, after two consecutive days in the red. The All-Share Index (ASI) climbed by 1.9% to close at 39,592.29 points as sentiment noticeably improved and investors took positions in attractively valued tickers. The bourse’s market capitalization rose by […]

NGX-ASI Closes Higher on Interest in Bellwether Stocks

September 29, 2021/InvestmentOne Report The Nigerian equities market closed positive today by 1.89% as NGX-ASI closed at 39,450.54 pts.  In today’s trade, market breadth index was positive with 24 gainers against 14 losers.  NNFM (+6.88%)  led the gainers, while JBERGER (-10.00%) was the top loser today.  FBNH (+6.62%)  was the most actively traded stock with about 265million units of shares worth […]

MIDDAY UPDATE: Nigerian Stocks Up +0.06% on Gains in Banking, Consumer Sectors

September 29, 2021/InvestmentOne Update ASI as at 12.00pm: +0.06% Market movers:  CHAMS (+9.09%), NNFM (+6.88%), MANSARD (-10.00%) and WEMABANK (-6.10%). Sector Performances: Banking (+0.11%), Consumer Goods (+0.07%), Oil and Gas and Industrial. Market activity: In today’s trade, total volume and value decreased by 35% and 18% compared to this time yesterday, as investors have traded about 286million units of shares worth N1.84billion. FBNH (+5.96%) is the most actively traded stock […]