Investors Bite

Bulls Sustain Hold as Nigerian Stocks Gain +0.5%, Buoyed by Banking Counters

February 5, 2025/Cordros Report EQUITIES The bulls continued to dominate the domestic bourse as bargain hunting activities in FBNH (+9.6%), GTCO (+3.2) and ACCESSCORP (+6.3%) spurred a 0.5% increase in the benchmark index. As a result, the All-Share Index closed at 105,324.89 points, with the Month-to-Date and Year-to-Date returns settling […]

Intraday Update: Nigerian Stocks Inch Up +0.32%, Buoyed by Blue Chips

February 5, 2025/InvestmentOne Update ASI as at 12.00pm: +0.32% Top Gainers and Losers: GUINEAINS (+10.00%), INTENEGINS (+9.91%), CONHALLPLC (-6.35%) and TANTALIZER (-6.34%). Sector Performances: Banking (+1.60%), Industrial (+0.14%), Consumer Goods (-0.32%) and Oil & Gas (-0.16%). Market activity: In today’s trade, total volume increased by 28% while total value declined […]

Bulls Sustain Hold as Nigerian Bourse Gain +0.25, Driven by Blue Chips

February 4, 2025/Cordros Report EQUITIES Bullish sentiments persisted in the local bourse as gains in PRESCO (+6.5%), MTNN (+0.8%), and GTCO (+1.6%) caused a 0.2% increase in the benchmark index to 104,788.35 points. Consequently, the Month-to-Date returns and Year-to-Date returns settled at 0.3% and +1.8%, respectively. The total trading volume […]