Investors Bite

Nigerian Stocks Rise by 1.09% on Sustained Bullish Activity

May 19, 2020/InvestmentOne Report Please click to download the Market Report for Tuesday 19th May 2020  EQUITY: ·           The Nigerian equities market closed up today as NSE-ASI gained 1.09% to close  at 24,202.87pts. ·           In today’s trade, market breadth index was broadly positive with 29 gainers against 8 losers. ·           Today’s performance […]

MIDDAY UPDATE: Nigerian Stocks Appreciates +0.33% on Gains in Banking Consumer Counters

May 19, 2020/InvestmentOne Update ASI as at 12.00pm: +0.33%.  Market movers:   CILEASING (+6.52%), NASCON (+4.27%), FIDSON (-8.36%) and OKOMUOIL (-3.30%).  Sector Performances: Banking (+1.46%), Consumer Goods (+0.07%), Industrial (-0.04%) and Oil & Gas.   Market activity: In today’s early trade, total volume and value increased by 27% and 86% respectively compared to this time yesterday as investors have traded 144million units of shares worth about N1.51billion. ACCESS (+1.56%) is the most actively traded stock thus far with about 76million units […]

Nigerian Equities Market Rebounds by 0.29% on Renewed Bullish Activities

May 18, 2020/Cordros Report EQUITIES Investors’ interest in MTNN (+1.4%), WAPCO (+6.1%) and some Tier 1 bank stocks, caused the domestic bourse to open the week’s trading on a positive note. Thus, the All-Share Index advanced by 0.3% to 23,941.75 points. Accordingly, Month-to-Date gain increased to 4.0%, as Year-to-Date losses […]