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MIDDAY UPDATE: Nigerian Stocks Up +0.29% on Gains in Banking Counters

June 18, 2020/InvestmentOne Report ASI as at 12.00pm: +0.29%.  Market movers:  GUARANTY (+5.87%), AIICO (+4.49%), NEIMETH (-9.52%) and JAPAULOIL (-8.70%). Sector Performances: Banking (+1.86%), Oil & Gas, Consumer Goods and Industrial. Market activity: In today’s early trade, total volume and value declined by 45% and 18% respectively, compared to this time yesterday as investors have traded about 86million units of shares worth about N1.40billion. FCMB (-0.58%) is the most actively traded stock […]

Nestle Boosts Nigerian Equities Market Up +0.17% as Bulls Resurface

June 17, 2020 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday closed positive as benchmark index gained by 0.17 percent to close at 24,972.89 basis, boosted by the Consumer Goods sector. InvestmentOne reports at end of the session’s trading, market breadth index was negative with 24 losers compared to […]

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.27% on Losses in Oil & Gas Counters

June 17, 2020/InvestmentOne Update ASI as at 12.00pm: -0.27%.  Market movers:  SEPLAT (-9.99%), NEIMETH (-9.57%), WAPIC (+6.06%) and FLOURMILL (+4.35%).  Sector Performances: Oil & Gas (-4.21%), Banking (+0.06%), Consumer Goods (+0.05%) and Industrial.  Market activity: In today’s early trade, total volume and value rose by 191% and 338% respectively, compared to this time yesterday as investors have traded about 157million units of shares worth about N1.71billion. UACN (-3.45%) is the most actively […]