Investors Bite

Buy Interests in Banking Names Drive Equities Market up +1.24%

April 7, 2020/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 1.24% to close at 20,925.19pts.  Similarly, in today’s trade, market breadth index was positive with 24 gainers against 10 losers. FBNH (+10.00%) was the top gainer while CADBURY (-10.00%) led the losers’ chart. OMOMORBNK was the most actively traded stock with about 1.10billion units of shares worth about N605million.  Sector Performance NSE Banking Index: Rose by 3.22%, as a result of the gains in FBNH (+10,00%), STERLNBANK (+9.91%), FIDELITYBK(+9.84%), UNITYBANK (+9.52%) and UBA (+9.00%). NSE […]

Now Open – Dangote Cement Plc Bond Offer; April FGN Savings Bonds Cancelled

Culled—Proshare April 6, 2020 By Afrinvest Research The bullish run in the Nigerian Treasury Bills (“NT-Bills”) secondary market continued last week owing to improved trading activities across the mid and long end of the yield curve. The uptick in investors’ sentiments was largely supported by robust system liquidity that stemmed […]