Investors Bite

Nigerian Stocks Ends Trading Mixed but with Bullish Bias as Index Gains +0.03%

February 23, 2021/Cordros Report EQUITIES Trading in the local bourse ended the day mixed but with bullish bias, as the All-Share Index notched a 3bps gain to close at 40,164.86 points. Precisely, the positive earnings release from ZENITHBANK (+4.8%) improved investors’ sentiments and supported market performance, despite sell-offs of NB […]

NSE Indices Close Somewhat Flat Appreciates +0.03% on Banking Sector Gains

February 23, 2021/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 0.03% to close at 40,164.86pts. However, market breadth index was negative with 16 gainers against 24 losers. AIICO (+7.14%) led the gainer’s chart today, while SUNUASSUR (-9.88%) was the top loser. FBNH was the most actively traded stock with about 65million […]

FIDELITYBANK, UCAP, WAPCO Drags NSE Market Indices Down -0.08%

February 22, 2021/Cordros Report EQUITIES The domestic equities market opened the week with negative trading, following profit-taking activities on WAPCO (-8.0%), FIDELITYBK (-3.2%) and UCAP (-5.5%) stocks. Thus, the benchmark declined by 0.1% to 40,154.09 points. Accordingly, the Month-to-Date and Year-to-Date losses increased to -5.3% and -0.3%, respectively. The total […]