Investors Bite

MTNN, DANGCEM Drives Nigerian Bourse to its Highest Weekly Gain Since 12th Jan 2018

May 24, 2019/Cordros Report Capital markets Equities It was a story of a clash of the titans on the domestic bourse which drove the market to its highest weekly gain since 12th Jan 2018. A rally in the shares of market heavyweights, MTNN (+28.6%) and DANGCEM (+13.6%) pushed the ASI […]

MIDDAY UPDATE: NSEASI Inch Down -0.09% Despite Gains in the Banking, Consumer Goods Counters

May 24, 2019/InvestmentOne Update ASI as at 12.00pm: -0.09%.  Market movers: CHIPLC (-8.00%), ACADEMY (-7.41%), ETI (+9.29%), JAPAULOIL (+8.33%). Sector Performances: Industrial (-2.58%), Banking (+1.16%), Consumer Goods (+0.04%) and Oil & Gas. Market activity: In today’s early trade, total volume and value declined by 88%  and 77% compared to this […]

Nigerian Equities Market YTD Performance Bounces Back to Green Territory, ASI Up +1.07%

May 23, 2019/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 1.07% to close at 31,477.51pts.   However, market breadth index was negative with 14 gainers against 24 losers.  LAWUNION (+10.00%) led the gainers’ chart while ACADEMY (-10.00%) was the top loser today.   SOVRENINS was the most […]