Investors Bite

Nigerian Stocks Inch Up +0.57% to Close Session, as Week-to-Dtae Decline -1.41%

April 24, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.57% to close at 22,470.79pts. However, NSE-ASI lost 1.41% WTD. In today’s trade, market breadth index was slightly positive with 15 gainers against 14 losers. CAVERTON (+9.78%) was the top gainer while CAP (-9.91%) led the losers’ chart. GUARANTY (+2.12%) was the most actively traded stock with about 51million units of shares worth about N977million. Sector […]

Nigerian Equities Market Closes Negative as NSEASI Loses 1.36% on Sell-Offs

April 23, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 1.36% to close at 22,470.79pts. However, in today’s trade, market breadth index was slightly positive with 17 gainers against 15 losers. ETI (-10.00%) led the losers’ chart while JAIZBANK (+10.00%) was the top gainer. ACCESS (+1.60%) was the most actively traded stock with about 47million units of shares worth about N297million. Sector […]

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.20% amid Losses Across Sectors

April 23, 2020/InvestmentOne Update ASI as at 12.00pm: -0.20%.  Market movers:  LINKASSURE (-8.62%), SKYAVN (-7.22%), WEMABANK (+9.09%) and UCAP (+9.09%).  Sector Performances:  Industrial (-3.24%), Oil & Gas (-0.25%), Consumer Goods (-0.01%) and Banking (+1.47%). Market activity: In today’s early trade, while total volume inched up by 1%, total value declined 2% compared to this time yesterday as investors have traded 61million units of shares worth […]