Investors Bite

Investors’ Interest in STANBIC, MTNN Drives NSE-ASI to +0.5% Gain

March 25, 2021/Cordros Report EQUITIES The local bourse ended the day with bullish sentiments, as the All-Share index advanced by 0.5% to 39,293.14 points. Investors’ interests in STANBIC (+9.2%) and MTNN (+1.2%) drove the performance. Consequently, the Month-to-Date and Year-to-Date losses moderated to -1.3% and -2.4%, respectively. The total volume […]

NSE-ASI Gains +0.53% from Positive Sentiment in Banking, Industrial Names

March 25, 2021/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gains 0.53% to close at 39,293.14pts.  In the same vein, market breadth index was positive with 23 gainers against 12 losers. WAPIC (+10.00%) led the gainer’s chart today, while  SOVRENINS (-8.33%) was the top loser. UBN was the most actively traded stock with about 79.57million units of shares […]

MIDDAY UPDATE: Nigerian Stocks Rise +0.29%, Driven by Banking, Industrial Counters

March 25, 2021/InvestmentOne Update ASI as at 12.00pm: +0.29%. Market movers:  STANBIC (+9.91%),  NEIMETH (+9.55%), SOVRENINS (-8.33%)  and NPFMCRFBK (-7.22%) . Sector Performances: Banking (+0.22%),  Industrial (+0.03%), Oil and Gas (-0.45%)  and Consumer Goods. Market activity: In today’s early trade, total volume and  total value decreased by about 70% and 81% […]