Investors Bite

NSEASI Sheds -0.23% amid Renewed Bearish Activity

January 18, 2021/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.23% to close at 41,082.38pts. However, market breadth index was positive with 35 gainers against 22 losers. AIICO (+10.00%) led the gainer’s chart today, while JAPAULGOLD (-6.58%) was the top loser. LIVINGTRUST was the most actively traded stock with about 272million […]

NSEASI Gains +2.6% Week-on-Week as Sentiments Remain Broadly Positive

Sentiments remained broadly positive in the second trading week of the year, as investors continued to cherry-pick stocks with attractive dividend yields ahead of FY 2020 dividend declarations. Interestingly, the local bourse recorded gains in all the trading sessions of the week. Accordingly, the All-Share Index rose by 2.6% w/w […]

Nigerian Equities Market Sustains Bullish Momentum, Gains +0.52%, Week-to-Date Advance +2.63%

January 15, 2021/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 0.52% to close at 41,176.14pts. In the same vein, the Index gained 2.63%WTD. Similarly, market breadth index was positive with 42 gainers against 12 losers. UACN (+10.00%) led the gainer’s chart today, while DAARCOMM (-10.00%) was the top loser. JAPAULGOLD […]