Investors Bite

Nigerian Stocks Shed -0.31% on Profit-Taking

October 8, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.31% to close at 28,546.22pts.  However, market breadth index was positive with 26 gainers against 17 losers. DEAPCAP (-10.00%) led the loser’s chart today, while ETERNA (+10.00%) was the top gainer. ETERNA (+10.00%) was the most actively traded stock with about 113million units of shares worth about N373million. Sector […]

Equities Market Sees Red as Traders Take Profit

October 7, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.95% to close at 28,634.35pts.  In today’s trade, the market breadth index was negative with 31 losers against 21 gainers. UNILEVER (-9.89%) led the loser’s chart today, while BERGER (+9.84%) was the top gainer. FBNH (+1.64%) was the most actively traded stock with about 129million units of shares worth about […]

Nigerian Equities Market Index Falls by 0.95% amid Renewed Profit Taking Activity

October 7, 2020/Cowry Asset Report Following14 days of consecutive bullish run,the domestic equities market ASI moderated by 0.95% to close at 28,634.35 points amid renewed bearish activity. Hence, the year to date gain of the NSE ASI moderated to 6.7%. Also, the Exchange recorded 31losersas against 21gainersas investors sold part […]