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MIDDAY UPDATE: Nigerian Stocks Up +0.24% on Gains Across Sectors

April 9, 2021/InvestmentOne Update ASI as at 12.00pm: +0.24%. Market movers: PRESTIGE (+9.52%),  HONYFLOUR (+8.85%), UNITYBNK (-9.86%)  and ABCTRANS (-9.09%). Sector Performances: Banking (+0.61%),  Consumer Goods (+0.04%),  Industrial (+0.20%) and Oil and Gas. Market activity: In today’s early trade, total volume and value advanced 102% and 157% compared to this time […]

ZENITHBANK, GUARANTY Drive Nigerian Stocks Up +0.7%

April 8, 2021/Cordros Report EQUITIES Trading at the domestic equities market turned positive today, as buying interest in tier 1 banks – ZENITHBANK (+3.8%) and GUARANTY (+2.7%), pushed the All-Share Index higher by 0.7% to 38,799.83 points. Accordingly, Month-to-Date and Year-to-Date losses moderated to -0.6% and -3.7%, respectively. The total […]

NSE-ASI Gains -0.26% Boosted by Banking, Oil & Gas Sectors

April 8, 2021/InvestmentOne Report The Nigerian equities market inched up today as NSE-ASI gained 0.26% to close at 38,876.25pts.  In today’s trade, market breadth index was positive with 13 gainers against 12 losers. CHIPLC (+9.68%) was the top gainer, while ROYALEX  (-7.69%) led the losers today. FBNH  was the most actively traded stock with about 21.85million units of shares […]