Investors Bite

NSEASI Depreciates -1.08% on Losses Recorded Across Sectors

February 3, 2020/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 1.08% to close at 2,533.40pts. Similarly, in today’s trade, market breadth index was negative with 24 losers against 8 gainers NCR (-9.97%) was the top loser today while LAWUNION (+10.00%)  led the gainers’ chart.                                                                                                  ZENITHBANK (-4.56%) was the […]

Market Cap Slides to N14.86 Trillion as Local Equities Shed 0.65%;

January 31, 2020/Cowry Asset The NSE All Share Index (ASI) dwindled by 0.65%, recording five consecutive days of bearish sessions even as the Exchange printed 24 losers as against 11 gainers today. As the bulls continued to lose grip of the market amid investors profit taking, especially on banking stocks, […]

Equities Market Suffers 14.60% Loss in 2019 as Investors opt for Capital Preservation

January 31, 2020/Cowry Asset The recently released report by the Nigerian Stock Exchange (NSE) on domestic and foreign portfolio participation in equities trading for the year 2019 showed that equities market transactions decreased when compared with that of 2018. Transactions of the domestic institutional and the foreign portfolio investors (FPIs) […]