July 7, 2020/InvestmentOne Update ASI as at 12.00pm: +0.14%. Market movers: REDSTAREX (+9.76%), STERLNBANK (+4.27%), JBERGER (-9.97%) and OKOMUOIL (-9.95%). Sector Performances: Banking (+0.55%), Industrial (+0.09%), Consumer Goods (-0.08%) and Oil & Gas. Market activity: In today’s early trade, total volume and value decreased by 49% and 65% respectively, compared to this time yesterday as investors have traded about 36million units of shares worth about N411million. GUARANTY (-0.24%) is the […]
Investors Bite
Nigerian Stocks Open Week in Red Territory, Dips -1.27% on Negative Sentiments
July 6, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 1.27% to close at 24,026.05pts. In today’s trade, market breadth index was negative with 17 losers against 14 gainers. BETAGLAS (-9.95%) led the loser’s chart while CORNERST (+10.00%) was the top gainer. GUARANTY (+0.96%) was the most actively traded stock with about 60million units of shares worth about N1.28billion. Sector Performances · NSE Consumer Goods Index: Declined by 3.18%, due to […]
Nova Merchant Bank Says Market Debut N10 Billion Bond to Boost Operations
July 5, 2020/Nova Merchant Bank Nova Merchant Bank, a leading merchant bank in Nigeria has announced that its ongoing N10 billion bond issuance is aimed at putting the business on firm footing to achieve its short-term and long-term goals. The technology-driven financial institution is seeking to raise up to N10 billion […]
