Investors Bite

Intraday Update: NSEASI Up +0.34% on Buy Interest in Banking, Consumer Counters.

January 26, 2018/InvestmentOne Report ASI as at 12.00pm: +0.34%  Market movers: UBN (+9.59%), TRANSCORP (+7.89%), SKYEBANK (-9.38%), JAIZBANK (-9.35%).  Sector Performances: Banking (+0.49%), Consumer Goods (+0.48%), Industrial, Oil & Gas.  Market activity: In today’s early trade, total volume and total value increased by c.+237% and c.+124% compared to this time […]

NSE’s Par Value Rule Commences January 29, 2018

January 25, 2018/InvestmentOne Report The newly amended Pricing Methodology and the Par Value Rule of the Nigerian Stock Exchange which will take effect from January 29, 2018.   A summary of the changes made is stated below:   Rule Amendment/ Addition Effective Date Amendments to Dealing Members’ Rules (Part VII): […]

NSEASI Plunge Third Consecutive Day, Driven by Profit Taking in Bellwether Stocks

January 24, 2018/InvestmentOne Report The Nigerian equities market sustained its down trends as NSE-ASI lost -0.96% today.  Market breadth index, a gauge of investor sentiment, ended negative with 43 stocks declining against 11 stocks that gained.  MAYBAKER (+4.95%) was the best performing stock while FCMB (-9.71%) had the worst performance.  […]