Investors Bite

NGX-ASI Takes a Breather; Closes Up by 0.01% Buoyed by Banking, Industrial Counters

September 14, 2021/InvestmentOne Report The Nigerian equities market closed up today by 0.01% as NGX-ASI closed at 38,920.50.    In today’s trade, market breadth index was negative with 21 losers against 14 gainers.   UPDC (+9.93%) was the top gainer while SOVRENINS (-7.41%) led the losers today.   WEMABANK (-1.30%) was the […]

MIDAY UPDATE: Nigerian Stocks Dips -0.04% on Losses in Banking, Consumer Counters

September 14, 2021/InvestmentOne Update ASI as at 12.00pm: -0.04% Market movers: REGALINS (-8.33%), SOVRENINS (-7.41%), UPDC (+9.93%) and ACADEMY (+8.33%), Sector Performances: Banking (-0.28%), Consumer Goods (-0.17%), Industrial (+0.13%) and Oil and Gas. Market activity: In today’s trade, while total volume increased by 53%, total value decreased by about 68% […]

Nigerian Bourse Starts Week Bearish -0.2%, Dragged by WAPCO

September 13, 2021/Cordros Report EQUITIES Trading at the domestic bourse started the week mixed, albeit with a bearish tilt, as profit-taking activities witnessed in WAPCO (-1.8%) led the All-Share Index 2bps lower at 38,915.62 points. Accordingly, Month-to-Date and Year-to-Date losses printed -0.8% and -3.4%, respectively. The total volume of trades […]