March 11, 2021/InvestmentOne Update ASI as at 12.00pm: -0.02%. Market movers: JAIZBANK (-8.82%), AFRINSURE (-8.33%), SMURFIT (+10.00%) and CHAMPION (+10.00%). Sector Performances: Banking (-0.16%), Oil & Gas (-0.03%), Consumer Goods (+0.05%) and Industrial (+0.01%). Market activity: In today’s early trade, investors have traded about 74million units of shares worth N678million. AIICO (+2.56%) is […]
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DANGCEM,NESTLE Spur Nigerian Stocks to +0.6% Gain on Bargain Buying
March 10, 2021/Cordros Report EQUITIES The local bourse retraced yesterday’s loss, as bargain buying in DANGCEM (+3.6%) and NESTLE (+1.9%) spurred a 0.6% gain in the benchmark index to 38,931.25 points. Consequently, the Month-to-Date and Year-to-Date losses moderated to -2.2% and -3.3%, respectively. The total volume traded declined by 24.9% […]
Market Closes Up as Index Gains -0.63%, Driven by Consumer, Industrial Counters
March 10, 2021/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.63% to close at 38,931.25pts. In today’s trade, market breadth index was flat with 23 losers against 23 gainers. MORISON (+9.72%) led the gainer’s chart today, while CHIPLC (-10.00%) was the top loser. UBA (-2.78%) was the most actively traded stock with about 74million units of shares worth […]
