Investors Bite

MIDDAY UPDATE: Nigerian Stocks Rise +0.64%, Boosted by Consumer, Industrial Counters

March 16, 2021/InvestmentOne Update ASI as at 12.00pm: +0.64%. Market movers: REGALINS (+6.67%), CHAMS (+4.55%), AFRIPRUD (-7.34%) and JAPAULGOLD (-6.00%). Sector Performances: Industrial (+1.70%), Consumer Goods (+0.15%), Banking (-1.37%), and Oil and Gas. Market activity: In today’s early trade, total volume and value advanced 5% and 35% respectively, compared to this time […]

GTBank, INTBREW Led Nigerian Equities Market to Open Week Bearish -0.2%

March 15, 2021/Cordros Report EQUITIES The local bourse kicked off the first trading day of the week on a bearish note, as investors booked profit in GUARANTY (-2.6%), NB (-5.3%) and INTBREW (-3.8%). As a result, the ASI declined by 0.2% to 38,516.84 points. Consequently, the Month-to-Date and Year-to-Date losses […]

NSE Opens Week in Negative Territory Index Sheds -0.22%, Dragged by Banking, Consumer Counters

March 15, 2021/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI shrank by 0.22% to close at 38,608.58pts.  In the same vein, market breadth index was marginally negative with 18 losers against 17 gainers. WAPIC (+10.00%) led the gainer’s chart today, while REGALINS  (-9.09%) was the top loser. FBNH (+3.52%) was the most actively traded stock with about 31million units of […]