Mixed trading continued on the local bourse amidst weak volumes and the absence of any positive catalysts, with the benchmark index closing marginally lower. Banking stocks – ZENITHBANK (-1.2%), STANBIC (-1.3%), ETI (-4.8%) and FBNH (-2.0%) – were the major drivers of the drop as the All Share Index fell […]

September 18, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.16% to close at 25,572.57pts. However, the market lost 0.08% WTD. In today’s trade, the market breadth index was positive with 20 gainers against 5 losers. NEIMETH (+8.33%) led the gainer’s chart today, while ABCTRANS (-9.09%) was the top loser. FCMB (+1.02%) was the most actively traded stock with about 36million units of […]

September 18, 2020/InvestmentOne Update ASI as at 12.00pm: +0.07%. Market movers: DANGSUGAR (+6.70%), UNITYBNK (+5.56%), CHAMS (-4.76%), and JAPAULOIL (-4.76%). Sector Performances: Consumer Goods (+0.55%), Banking (-0.11%), Oil & Gas and Industrial. Market activity: In today’s early trade, while total volume fell by 22%, total value rose by 38%, compared to yesterday, as investors have traded about 65million units of shares worth approximately N711illion. FBNH (+1.02%) is the most actively traded stock thus […]