March 8, 2021/InvestmentOne Update ASI as at 12.00pm: +0.13%. Market movers: OANDO (+9.81%), UAC-PROP (+9.21%), MANSARD (-10.00%) and UCAP (-6.37%). Sector Performances: Oil & Gas (+0.67%), Industrial (+0.50%), Banking (+0.09%) and Consumer Goods. Market activity: In today’s early trade, investors have traded about 92million units of shares worth N1.39billion. ZENITHBANK (-0.40%) is the […]
Investors Bite
Improved Domestic Institutional Investors’ Stake Sustains Gains in Equities Market in January
March 5, 2021/Cowry Asset Report Freshly released report by the Nigerian Stock Exchange (NSE) on domestic and foreign portfolio participation in equities trading showed that total equities market transactions decreased marginally in January 2021 compared to the volume of transactions done in January 2020. This was chiefly due to the […]
Bears Sustain Hold on Nigerian Bourse, as ASI Dips -1.2% to Record Fifth Straight Weekly Loss
The bears continued to dictate proceedings in the local bourse as the market suffered its fifth consecutive weekly loss amid growing concerns about the direction of yields in the FI market. Accordingly, the All-Share Index declined by 1.2% w/w (the largest weekly loss in 2021 so far) to close at […]
