Investors Bite

MIDDAY UPDATE: Nigerian Stocks Inch Up +0.01%

December 9, 2020/InvestmentOne Update ASI as at 12.00pm: +0.01%. Market movers:   LIVESTOCK (+7.35%), MANSARD (+4.35%), NEIMETH (-5.14%) and UPL (-4.76%). Sector Performances:  Oil & Gas (+0.24%), Industrial (+0.10%) Consumer Goods (+0.01%) and Banking (-0.16%). Market activity: In today’s early trade, total volume and value fell by about 21% and 51% compared […]

NSEASI Records Fourth Straight Loss on Sell-Offs in ZENITH, FLOURMILLS

December 8, 2020/Cordros Report EQUITIES The local bourse sustained yesterday’s bearish performance, with the benchmark index recording its fourth loss in five consecutive trading sessions, following sell-offs on ZENITHBANK (-1.3%), ACCESSBANK (-2.4%) and FLOURMILL (-4.5%) stocks. Precisely, the benchmark index declined by 0.1% to 35,033.74 points. Thus, Month-to-Date return declined […]

Nigerian Bourse Index Declines -0.09% amid Sustained Bearish Activity

December 8, 2020/Cowry Asset report The Lagos bourse All Share Index (ASI) fell by 0.09% to close at 35,033.74 points amid sustained profit taking activity even as the Exchange printed 17 losers as against 15 gainers at the close of trading session. Hence, the year-to-date gain of the NSE ASI […]