Investors Bite

MIDDAY UPDATE: Nigerian Stocks Up +0.39% on Gains Across Sectors

March 24, 2021/InvestmentOne Report ASI as at 12.00pm: +0.39%. Market movers:  NPFMCRFBK (+9.60%),  JAPAULGOLD (+6.52%), MRS (-9.70%)  and WAPIC (-9.09%) . Sector Performances: Industrial (+0.50%), Consumer Goods (+0.19%),  Banking (+0.17%)  and Oil and Gas. Market activity: In today’s early trade, while total volume decreased by about 19%, total value increased by 5% […]

Local Bourse Declines -0.1%, Dragged by Zenith Bank, ETI and Flour Mills

March 23, 2021/Cordros Report EQUITIES Negative sentiments resurfaced in the local bourse today, as the All-Share Index declined by 0.1% to 38,704.97 points. The ASI was dragged by profit-taking on ZENITHBANK (-2.2%), ETI (-5.9%) and FLOURMILL (-2.4%) stocks. Accordingly, Month-to-Date and Year-to-Date losses increased to -2.8% and -3.9%, respectively. The […]

Nigerian Bourse: Total Foreign Transactions Up +30.62% from N47.52Bn to N62.07Bn in February 2021

March 23, 2021/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4 flows. As at 28 February 2021, total transactions at the nation’s bourse decreased by 7.26% from N232.46 billion (about $590.82million) in January 2021 5 to […]