March 17, 2021/InvestmentOne Update ASI as at 12.00pm: -0.13%. Market movers: NCR (-9.71%), NEIMETH (-9.09%), SOVRENINS (+8.70%) and UNITYBNK (+7.58%). Sector Performances: Banking (-0.93%), Consumer Goods (+0.01%), Industrial and Oil and Gas. Market activity: In today’s early trade, total volume and value declined 14% and 63% respectively, compared to this time yesterday, as […]
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Nigerian Equities Market rebounds +0.4% Driven by DANGCEM, MTNN
March 16, 2021/Cordros Report EQUITIES The domestic equities rebounded from the bearish close yesterday, following investors’ buying interest in bellwethers – DANGCEM (+3.6%) and MTNN (+1.2%). Accordingly, the benchmark index advanced by 0.4% to 38,720.81 points. Consequently, the Month-to-Date and Year-to-Date losses moderated to -2.7% and -3.9%, respectively. The total […]
NSE-ASI Inched Up by 0.41% on the back of Gains in DANGCEM, MTN
March 16, 2021/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI rose by 0.41% to close at 38,720.81pts. Conversely, market breadth index was negative with 20 losers against 11 gainers. GUINNESS (+10.00%) led the gainer’s chart today, while WAPIC (-9.09%) was the top loser. UBA (-2.78%) was the most actively traded stock with about 24million units of shares […]
