Investors Bite

NSE Engages Issuers to Deepen Activity in ETF Market

March 3, 2021/NSE The Nigerian Stock Exchange (NSE or The Exchange) engaged with Exchange Traded Funds (ETFs) Issuers’ in the Nigerian capital market consistent with its commitment to deepen activities in the segment on Wednesday, 3 March 2021. The virtual session highlighted key development areas for the market specifically in terms […]

Sell Offs in NESTLE, WAPCO Drags NSE Indices Down -0.6%

March 2, 2021/Cordros Report EQUITIES The local bourse ended the day lower as investors sold off NESTLE (-6.9%) and WAPCO (-7.1%) stocks. Consequently, the benchmark index declined by 0.6% to 39,697.62 points. Accordingly, the Month-to-Date and Year-to-Date losses increased to -0.3% and -1.4%, respectively. The total volume of trades declined […]

Nigerian Stocks Down as NSE-ASI Sheds -0.59% on Negative Sentiments Across Sectors

March 2, 2021/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI declined by 0.59% to close at 39,697.62pts.  In today’s trade, market breadth index was negative with 17 gainers against 26 losers. ACADEMY (+9.76%) led the gainer’s chart today, while MBENEFIT (-10.00%) was the top loser. ZENITHBANK (-0.58%) was the most actively traded stock with about 48million units of shares worth about N1.24billion. […]