In sharp contrast to the record sell-offs across global markets, Nigerian equities recorded their best weekly performance in four months, crossing 26,000 points for the first time since March 2020. Notably, investors interest in large caps NB (+25.1%), MTNN (+3.3%) and DANGCEM (+3.0%) drove the benchmark ASI 2.9% higher, w/w, […]
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MIDDAY UPDATE: Nigerian Stocks Inch Up +0.63% on Gains Across Sectors
September 25, 2020/InvestmentOne Update ASI as at 12.00pm: +0.63%. Market movers: NB (+9.82%), NASCON (+9.50%), ROYALEX (-6.90%), and MANSARD (-4.86%). Sector Performances: Consumer Goods (+2.40%), Banking (+1.05%), Oil & Gas (+0.28%) and Industrial (+0.13%). Market activity: In today’s early trade, while total volume fell by 39%, total value rose by 35%, compared to this time yesterday, as investors have traded about 59million units of shares worth approximately N1.40billion. UBA (+0.82%) is […]
Total Transaction Dips -8.49% to N94.45 Billion in August from N103.21 Billion in July 2020-NSE
September 24, 2020/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4 flows. As at 31 August 2020, total transactions at the nation’s bourse decreased by 8.49% from N103.21billion (about $265.55million) in July 2020 5 to N94.45billion […]
