Investors Bite

Trading in Nigerian Equities Open Week Sour, Dragged by GTBank, BUACEMENT

April 6, 2021/Cordros Report EQUITIES Trading in the domestic equities started the week on a sour note, as profit-taking in GUARANTY (-3.3%) and BUACEMENT (-1.1%) stocks triggered a 0.4% decline in the All-Share Index to 38,766.61points. Accordingly, Month-to-Date and Year-to-Date losses increased to -0.7% and -3.7%, respectively. The total volume of […]

NSE Resumes Bearish Trend as Benchmark Index Sheds -0.39% on Losses Across Sectors

April 6, 2021/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.39% to close at 38,766.61pts.  In today’s trade, market breadth index was negative with 21 losers against 14 gainers. MRS (-9.92%) was the top loser today, while ETERNA  (+9.91%) led the green campaign. UACN (-1.52%) was the most actively traded stock with about 34.05million units of […]

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.12% Dragged by Banking, Industrial Counters

April , 2021/InvestmentOne Update ASI as at 12.00pm: -0.12%. Market movers: SOVRENINS (-8.00%),  UAC-PROP (-3.61%), LINKASSURE (+9.72%) and JAPAULGOLD (+8.89%). Sector Performances: Banking (-1.10%),  Industrial (-0.04%), Consumer Goods (+0.02%) and Oil and Gas. Market activity: In today’s early trade, total volume and value dipped by 7% and 13% compared to this time […]