Investors Bite

NSE Halts Bullish Run, Records First Loss in Eight Straight Session

August 27, 2020/Cordros Report EQUITIES The local bourse halted its bullish run, as it recorded its first loss in eight consecutive sessions. This is as sell offs of DANGCEM (-0.6%) and ACCESS (-2.3%) triggered a 0.1% decline in the All-Share Index to 25,304.25 points. Accordingly, Month-to-Date gain moderated to +2.5% […]

Banking, Industrial Sectors Drag ASI Down by -0.10%

August 27, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.10% to close at 25,304.25pts.  Similarly, the market breadth index was negative with 19 losers against 11 gainers. CHIPLC (-8.11%) led the loser’s chart today, while REDSTAREX (+10.00%) was the top gainer. UACN was the most actively traded stock with about 111million units of shares worth about N643million. […]

Consumer Counters Drags NSE-ASI Up by +0.15%

August 26, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.15% to close at 25,320.10pts.  Similarly, the market breadth index was positive with 24 gainers against 8 losers. FTNCOCOA (+10.00%) led the gainer’s chart today, while CORNERST (-9.68%) was the top loser. FIDELITYBK (-0.56%) was the most actively traded stock with about 27million units of shares worth about N47million. […]