The All-Share Index ended the week 2.5% lower at 34,250.74 points. Selloffs of DANGCEM (-8.0%), WAPCO (-10.7%), ZENITHBANK (-5.2%) and MTNN (-0.8%) were the primary drivers of the decline with the MTD and YTD return of the index settling at -2.3% and 27.6% respectively. December 11, 2020/Cordros Report Global economy […]
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DANGCEM Drags Market Downwards as NSE-ASI Loses -0.94%, Week-to-Date Down -2.53%
December 11, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.94% to close at 34,250.74pts. Similarly, the NSE-ASI lost 2.53% WTD. However, market breadth index was broadly positive with 29 gainers against 9 losers. FTNCOCOA (+10.00%) led the gainer’s chart today, while DANGCEM (-8.04%) was the top loser. JAIZBANK (+4.62%) […]
Nigerian Stocks Loses -1.27% as Investors React to the Spike in 1-yr NTB rate
December 10, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 1.27% to close at 34,577.26pts. Similarly, market breadth index was negative with 40 losers against 6 gainers. WAPCO (-10.00%) led the loser’s chart today, while OKOMUOIL (+10.00%) was the top gainer. GUARANTY (-2.41%) was the most actively traded stock with about 87million units […]
