Investors Bite

NGXASI Gains +0.35%, Driven by Bellwether Counters

May 8, 2025/InvestmentOne Report The NGXASI rose by 0.35% today to close at 109,231.96pts, as the bargain hunting in TRANSCOHOTEL (+8.62%), STANBIC (+6.47%) and DANGCEM (+1.85%) pushed the local equities market into the green zone.   In the fixed income space, the Treasury Bills secondary market traded on a positive note driven […]

Bulls Sustain Hold as Nigerian Equities Gain +0.4%, Buoyed by Blue Chips

May 8, 2025/Cordros Report EQUITIES The bulls continued to dominate the Nigerian equities market as buying interest in DANGCEM (+1.9%) and TRANSCOHOT (+8.6%) drove a 0.4% increase in the benchmark index to 109,231.96 points. Accordingly, the Month-to-Date and Year-to-Date returns improved to +3.4% and +6.1%, respectively. The total volume of […]

Intraday Update: Nigerian Stocks Inch Up +0.14%, Buoyed by Blue Chips

May 8, 2025/InvestmentOne Update ASI as at 12.00pm: +0.14% Top Gainers and Losers: CILEASING (+9.87%), ACADEMY (+9.78%), LEGENDINT (-8.50%) and REGALINS (-8.33%). Sector Performances: Banking (+0.64%), Consumer Goods (-1.13%), Oil & Gas (-0.13%) and Industrial. Market activity: In today’s trade, total volume and value declined by 20% and 10% respectively […]