Investors Bite

Intraday Update: NSEASI Down 0.06% First Trading Day of 2018, on Sell-Offs in Large Cap Banking Stocks

January 2, 2017/InvestmentOne Research ASI as at 12.00pm: -0.06%  Market movers: STERLNBANK (-4.63%), GUARANTY (-1.60%), FCMB (+6.76%), DIAMONDBNK (+4.67%) .  Sector Performances: Banking (-0.31%), Consumer Goods (+0.01%), Industrial, Oil & Gas.  Market activity: In today’s early trade, total volume and value declined by -59% and -94% respectively compared to this […]

DANGSUGAR, INTBREW Top Gainers as MORISON, JAIZBANK Top Losers in 2017

Culled—Proshare Sunday, December 31, 2017 /11:00AM / Proshare Research  Nigerian stock market recorded an improved performance in 2017. The benchmark indicator, NSEASI, closed the year with +42.30% gain compared to -6.17% and -17.36% losses recorded in 2016 and 2015 respectively.  A review of market monthly performance revealed that the market closed eight […]

NASD Relaunches BITs Trading Platform

Culled—Proshare December 29, 2017/NASD Plc  NASD OTC has re-launched its proprietary trading system, the Bilateral Interdealer Trading System (BITs) to enhance the flexibility and dynamism of the OTC Market. The trading system is a fully clouded platform that allows for trades to be conducted and consummated between registered Brokers online. […]