Investors Bite

Nigerian Stocks Gain +1.91% as Lower TBills Rates Support Buy Sentiments in the Equities Market.

November 14, 2019/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 1.91% to close at 26,843.11pts. Similarly, market breadth index was positive with 34 gainers against 3 losers.                                                                                                                                                                              EKOCORP (+9.79%) was the top gainer while IKEJAHOTEL (-9.38%) led the loser’s chart today.     Sector Performance  ·         NSE […]

AfDB becomes a shareholder in Africa Finance Corporation2

November 13, 2019/AfDB Shareholding follows investment of $50 million in AFC’s equity by Bank Group; African Development Bank (https://www.AfDB.org) becomes second investment-grade Supranational Finance Institution to join and invest in AFC. Africa Finance Corporation (AFC), a leading infrastructure solutions provider in Africa, today announces that the African Development Bank Group, […]

MIDDAY UPDATE: Nigerian Equities Market Appreciates +1.29% on Gains in Banking, Industrial Counters

November 14, 2019/InvestmentOne Report ASI as at 12.00pm: +1.29%.  Market movers: FIDELITYBK (+10.00%), ACCESS (+9.64%), LASACO (-3.70%) and CONTINSURE (-3.48%). Sector Performances: Banking (+5.02%), Industrial (+0.31%), Consumer Goods and Oil & Gas. Market activity: In today’s early trade, total volume and value declined by 57% and 76% respectively compared to […]