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 […]
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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 […]
Nigerian Bourse Starts Week Bearish, Index Dips -0.1% Dragged by GTCO, ZENITHBANK
September 20, 2021/Cordros Research EQUITIES Activities in the domestic bourse resumed the week negatively following selloffs in Tier-1 Banks – GTCO (-2.5%) and ZENITHBANK (-1.3%). Accordingly, the All-Share Index ended the session 0.1% lower at 38,906.42 points. Consequently, the Month-to-Date and Year-to-Date losses increased to -0.8% and -3.4%, respectively. The […]

