Investors Bite

Nigerian Bourse Halts Three-Day Gaining Streak on Profit Taking in Consumer, Industry Goods Counters

The domestic bourse halted the three-day gaining streak, as the ASI contracted by 0.03% to 36,877.15 points, following profit taking in consumer and industrial goods stocks. Accordingly, the Month-to-Date and Year-to-Date  returns moderated to 0.54% and 37.22% respectively. The Consumer Goods (-1.21%) and Industrial Goods (-0.11%) indices closed negative, following profit […]

NSE Unveils Notification of Effective Dates of Rules​​

1/11/2017/NSE Please be advised that The Exchange has received the Securities and Exchange Commission’s approval to the Rules set out below. NOTICE IS HEREBY GIVEN THAT, the following Rules, which are available on The Exchange’s website, will become effective on the dates set forth beside them:   Approved Rules Approval Date […]

Stocks Close Marginally Down by -0.03% on Low Investors Sentiment

November 2, 2017/InvestmentOne Research The Nigerian equities market closed marginally down today, losing -0.03%.  FBNH (+9.22%) was the market’s best performer while CUSTODYNS (-5.00%) was the worst performer.  Market breadth index closed positive as 27 stocks gained against 18 stocks that declined.  FBNH (+9.22%) led the market in terms of […]