Investors Bite

MIDDAY UPDATE: Nigerian Stocks Decline -0.05% on Sell-Offs in Banking Counters

July 15, 2019/InvestmentOne Update ASI as at 12.00pm: -0.05%.  Market movers: SOVRENINS (-8.70%), COURTVILLE (-8.33%), CORNERST (+10.00%), CONOIL (+7.25%). Sector Performances: Banking (-0.27%), Oil & Gas (+0.24%), Consumer Goods (+0.02%) and Industrial Market activity: In today’s early trade, total volume and value rose by 92% and 80% respectively compared to […]

NSE Sentiments Remain Weak, as Stocks Extend Losses by -2.4% Week-on-Week

July 13, 2019/Cordros Report Global economy   After a series of disappointing industrial and manufacturing output data, owing to the country’s underperforming automobile industry in 2018, the German economy is now partly showing signs of improvement. Evidently, Germany’s industrial production reading released by the Federal Statistics Office shows a 0.3% […]

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.09% on Sell-Offs in Banking, Industrial Names

July 12, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) as at 12.00 noon Friday  has inched down -0.09 percent on sell-offs in the Banking and Industrial Counters. InvestmentOne midday update reports that market movers are UACN Property Development Company Plc and Jaiz Bank Plc; both have […]