Investors Bite

MIDDAY UPDATE: Nigerian Stocks Head Southward -0.07% on Losses Across Sectors

August 31, 2021/InvestmentOne Update ASI as at 12.00pm: -0.07%. Market movers: BOCGAS (-9.75%), SKYAVN (-9.73%), TRANSCOHOT (+10.00%), MORISON (+9.73%)    Sector Performances: Banking (-0.67%), Oil and Gas (-0.14%), Consumer Goods (-0.07%) and Industrial (-0.13%). Market activity: In today’s trade, investors have traded about 186million units of shares worth N636million. TRANSCORP (-2.17%) is the most actively […]

CSCS Says New Price Structure Effective September 1, 2021

August 30, 2021/CSCS The Central Securities Clearing System (CSCS) Plc has announced a new price structure for its various services which are expected to take effect from September 1, 2021. This was contained in an official communication issued by the company. Details of the communication are stated below. ‘In our […]

Dangote Cement Drag Nigerian Stocks into Bearish Territory -0.4% Lower

August 30, 2021/Cordros Report EQUITIES Trading in the domestic bourse started the week with bearish sentiments, as sell-off of bellwether stock – DANGCEM (-2.6%) drove the benchmark index 0.4% lower to 39,326.67 points. Accordingly, Month-to-Date gain moderated to +2.0%, while Year-to-Date loss increased to -2.3%. The total volume of trades […]