October 12, 2020/InvestmentOne Update ASI as at 12.00pm: -0.22%. Market movers: INTBREW (-9.11%), FLOURMILL (-6.82%), ETERNA (+9.92%) and UNIONDAC (+8.33%). Sector Performances: Consumer Goods (-0.31%), Banking (-0.09%), Industrial and Oil & Gas. Market activity: In today’s early trade, total volume rose by 46%, compared to this time last week Friday, as investors have traded about 384million units of shares. UBA […]
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Nigerian Stocks Record Highest Weekly Gain Since May as NSEASI Rise 5.3% Beyond 28,000 Points
Despite some profit-taking towards the end of the week, record gains at the start of the week drove the equities market beyond the 28,000-point mark and to its largest weekly gain since May. Notably, investors’ interest in MTNN (+8.1%), AIRTELAFRI (+7.8%), and DANGCEM (+4.2%) drove the benchmark index 5.3% higher, […]
Dangote Cement Drags Down NSE Benchmark Index by 0.3%
October 8, 2020/Cordros Report EQUITIES Profit taking continued today in the domestic equities market, with DANGCEM (-4.8%) weighing down the bourse. Thus, the benchmark index ended the session 0.3% lower at 28,546.22 points. Accordingly, the Month-to-Date and Year-to-Date gain both moderated to +6.4%. The total volume of trades declined […]
