Investors Bite

MIDDAY UPDATE: Nigerian Stocks Gain +0.06%, Driven by Consumer Goods Counters

May 13, 2020/InvestmentOne Report ASI as at 12.00pm: +0.06%.  Market movers:   UNILEVER (+9.96%), MAYBAKER (+9.70%), UNIONDAC (-6.45%) and JAIZBANK (-6.45%).  Sector Performances:  Consumer Goods (+0.39%), Industrial (-0.13%), Banking (-0.03%) and Oil & Gas.   Market activity: In today’s early trade, while total volume fell by 13%, total value rose by 21% compared to this time yesterday as investors have traded 45million units of shares worth about N399million. REGALINS is the most actively traded […]

Invest in FGN Monthly Bond Auction – May 2020

Culled—-Proshare May 12, 2020 By DMO The Central Bank of Nigeria on the authority of The Debt Management Office on behalf of the Federal Government Of Nigeria Offers for Subscription by Auction and is authorized to receive applications for N20,000,000,000 – 12.75% FGN APR 2023 (5-Yr Re-opening)* N20,000,000,000 – 12.50% […]

Daily Market Update for May 12, 2020-Cordros

May 12, 2020/Cordros Report EQUITIES The domestic bourse recorded its third consecutive loss after today’s trading, following profit-taking in DANGCEM (-4.3%), BUACEMENT (-0.9%) and MTNN (-0.4%) stocks. Thus, the All-Share Index declined by 1.1% to 23,695.90 points. Accordingly, Month-to-Date gain decreased to 2.9%, as Year-to-Date losses increased to -11.7%. The […]