Investors Bite

MIDDAY UPDATE: Nigerian Stocks Dips -0.04% Dragged by Consumer Counters

September 22, 2021/InvestmentOne Update ASI as at 12.00pm: -0.04% Market movers: CHAMS (-4.55%), VITAFOAM (-4.48%), PHARMDEKO (+9.88%) and WEMABANK (+2.63%). Sector Performances: Banking (+0.26%), Consumer Goods (-0.03%), Industrial and Oil and Gas. Market activity: In today’s trade, total volume and value decreased by 6% and 7% respectively compared to this time yesterday, as investors have traded about 44million units of shares worth N576million. UNIVINSURE is the most actively traded stock […]

NGX-ASI Remains Weak Sheds 0-.08% on Losses in Banking Counters

September 21, 2021/InvestmentOne Update The Nigerian equities market closed down today by 0.08% as NGX-ASI closed at 38,873.85.   In today’s trade, market breadth index was positive with 16 gainers against 13 losers.  MRS (+9.75%) was the top gainer while NEIMETH (-7.89%) led the losers today.  UBA (+0.66%) was the most actively traded stock with about 39million units of shares worth […]

MIDDAY UPDATE: Nigerian Stocks Dips -0.05% Dragged by Banking Sector Losses

September 21, 2021/InvestmentOne Update ASI as at 12.00pm: -0.05% Market movers: CHIPLC (-8.77%), SOVRENINS (-8.00%), CUTIX (+4.26%) and VITAFOAM (+2.00%). Sector Performances: Banking (-0.90%), Consumer Goods (+0.02%), Industrial (+0.10%) and Oil and Gas. Market activity: In today’s trade, total volume decreased by 33% while total value rose by 39% compared to this time yesterday, as investors have traded about 47million units of shares worth N617million. UBA is the most actively […]