Investors Bite

DANGCEM, BUACEMENT, WAPCO Drag Down NSE Market Indices by -1.15%, Biggest Decline in One Quarter

June 30, 2020/Cordros Report EQUITIES Sentiments in the domestic bourse turned negative, as sell-offs of top cement players – BUACEMENT (-10.0%), DANGCEM (-0.8%) and WAPCO (-7.4%) – triggered the market’s loss. Precisely, the All-Share Index declined by 1.5% to 24,479.22 points – the biggest decline since falling by 1.5% on […]

MIDDAY UPDATE: Nigerian Stocks Down -0.20% on Losses in Banking, Industrial Sectors

June 30, 2020/InvestmentOne Update ASI as at 12.00pm: -0.20%.  Market movers:  REDSTAREX (-9.91%), NAHCO (-8.57%), OKOMUOIL (+9.94%) and ABCTRANS (+9.80%). Sector Performances: Banking (-0.75%), Industrial (-0.59%), Consumer Goods (+0.02%) and Oil & Gas. Market activity: In today’s early trade, total volume and value increased by 38% and 17% respectively, compared to this time yesterday as investors have traded about 87million units of shares worth about N779million. JAPAULOIL (-4.35%) is the most actively traded stock thus […]

Positive Sentiments in Consumer Names Boost Nigerian Stocks by -0.12% to Open Week

June 29, 2020 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market gained on Monday to open the new week positive as the all-share index (ASI) appreciated by 0.12 percent to 24,858.89 basis points and boosted by Consumer Goods counters, InvestmentOne reports. However, at close of business on the floor […]