Investors Bite

MIDDAY UPDATE: Nigerian Stocks Dip -0.14%, Dragged by Banking, Consumer Goods Sectors

March 15, 2021/InvestmentOne Update ASI as at 12.00pm: -0.14%. Market movers: SOVRENINS (-8.33%), JAIZBANK (-6.15%), AIICO (+10.00%) and SMURFIT (+8.33%). Sector Performances: Consumer Goods (-1.30%), Banking (-0.06%), Oil and Gas (+0.13%) and Industrial. Market activity: In today’s early trade, total volume and value advanced 16% and 157% respectively, compared to this time […]

Investors Sentiment Remain Weak as NSE-ASI Lost -1.73% WTD

March 12, 2021/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI declined by 0.13% to close at 38,648.48pts. Also, the index lost 1.73% WTD. In the same vein, market breadth index was negative with 17 gainers against 23 losers. REGALINS (+10.00%) led the gainer’s chart today, while SFSREIT  (-9.96%) was the top loser. TRANSCORP (-5.68%) was the most actively traded […]

MIDDAY UPDATE: Nigerian Stocks Down -0.20% Dragged by Banking, Oil & Gas Sectors

March 12, 2021/InvestmentOne Update ASI as at 12.00pm: -0.20%. Market movers: TRANSCORP (-9.09%), SOVRENINS (-7.69%), JAPAULGOLD (+4.17%) and FIDELITYBK (+2.68%). Sector Performances: Oil & Gas (-0.10%), Banking (-0.07%), Consumer Goods (+0.28%) and Industrial Flat. Market activity: In today’s early trade, total volume and value declined 8% and 0.5% respectively, compared to this […]