Investors Bite

Nigerian Equities Market Closes Flat as Benchmark Index Remains at 28,000 Points

October 14, 2020/InvestmentOne Report The Nigerian equities market closed flat today as NSE-ASI remained at 28,344.33pts.  Similarly, market breadth index was positive with 14 gainers against 11 losers. ETERNA (+9.82%) led the gainer’s chart today, while ETRANZACT (-9.91%) was the top loser. ZENITHBANK was the most actively traded stock with about 53million units of shares worth about N1.06billion. Sector Performances NSE Banking […]

MIDDAY UPDATE: Nigerian Stocks Appreciates +0.10% on Gains Across Sectors

October 14, 2020/InvestmentOne Report ASI as at 12.00pm: +0.10%. Market movers:  ETERNA (+9.82%), CORNERST (+5.00%), ETERNZACT (-9.91%) and COURTVILLE (-4.76%). Sector Performances:  Banking (+0.53%), Consumer Goods (+0.14%), Industrial (+0.13%) and Oil & Gas.                                                                                                                   Market activity: In today’s early trade, total volume and value declined by 77% and 50% respectively, compared to this time yesterday, as investors have traded about 87million units […]

Nigerian Equities Market Index Rebounds by 0.02% amid Renewed Bargain Hunting Activity

October 13, 2020/Cordros Report EQUITIES The local bourse recorded a marginal gain, but closed flat following investors interest in MTNN (+1.4%) and some banking stocks. As a result, the All Share Index was flat at 28,344.04 points, with Month-to-Date and Year-to-Date gains both increasing to 5.6%.   The total volume […]