Investors Bite

NGX Lists Additional 105 Million Units of FGN Bond

August 25, 2021/NGX Nigerian Exchange Limited (NGX) has announced that additional units of the Federal Government of Nigeria (FGN) Bonds issued in August 2021 have been listed on its platform today, Wednesday, 25 August 2021. The additional 104,814,900 units will bring the total outstanding units of the 12.98% FGN Mar […]

DANGSUGAR, GTCO, ZENITHBANK Drag Nigerian Stocks as ASI Trades Flat at 39,449.82 Points

August 25, 2021/Cordros Report EQUITIES The domestic bourse traded with mixed sentiments albeit with a bearish tilt, as profit-taking activities in DANGSUGAR (-2.8%), GTCO (-0.7%) and ZENITHBANK (-0.4%) undermined the market’s performance. Thus, the All-Share Index traded flat at 39,449.82 points. Accordingly, Month-to-Date and Year-to-Date returns printed +2.3% and – […]

MIDDAY UPDATE: Nigerian Stocks Dip -0.1% on Losses in Banking, Consumer Goods Counters

August 25, 2021/InvestmentOne Update ASI as at 12.00pm: -0.01%. Market movers: PHARMDEKO (-9.52%), JAPAULGOLD (-3.77%), ETERNA (+10.00%) and  NASCON (+7.17%), Sector Performances: Consumer Goods (-0.17%),  Banking (-0.03%), Oil and Gas (+0.25%) and Industrial. Market activity: In today’s early trade, total volume and value declined by 25% and 51% compared to this […]