Investors Bite

Nigerian Bourse Rebounds +1.0% on Investors’ Buy Interest in Bellwether Counters

March 24, 2021/Cordros Report EQUITIES The domestic equities rebounded from the bearish close yesterday, following investors’ buying interest in bellwethers – DANGCEM (+2.3%), MTNN (+2.4%) and STANBIC (10.0%). Accordingly, the benchmark index advanced by 1.0% to 39,085.78 points. Consequently, the Month-to-Date and Year-to-Date losses moderated to -1.8% and -2.9%, respectively. […]

Bulls Resurface on Nigeria Bourse, Index Up +0.54% on Gains Across Sectors

March 24, 2021/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gains 0.54% to close at 38,912.79pts.  In the same vein, market breadth index was positive with 20 gainers against 16 losers. NPFMCRFBK (+9.60%) led the gainer’s chart today, while  MRS (-9.70%) was the top loser. GUARANTY (-0.16%) was the most actively traded stock with about 64.53million units of […]

Locked Down but Trading Up: African Investors Trade 925% More on the INFINOX Platform

The surge in investor demand came as volumes traded worldwide on INFINOX jumped 28% to hit $553bn in 2020 March 24, 2021/INFINOX Capital African traders invested 925% more through the global trading provider INFINOX last year compared to 2019; The surge in investor demand came as volumes traded worldwide on […]