Investors Bite

UBA, STANBIC, Nigerian Breweries Drives NGXASI to+0.57% Gain

January 29, 2025/InvestmentOne Report The NGXASI advanced by 0.57% today to close at 104,549.74pts, as gains in STANBIC (+9.92%), NB (+6.25%) and UBA (+0.80%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note largely due to buy pressure […]

Intraday Update: Nigerian Stocks Gain +0.55%, Buoyed by Blue Chips

January 29, 2025/InvestmentOne Update ASI as at 12.00pm: +0.55% Top Gainers and Losers: CHELLARAM (+9.98%), STANBIC (+9.92%), MCNICHOLS (-10.00%) and THOMASWY (-9.80%). Sector Performances: Banking (+0.51%), Consumer Goods (+0.47%), Industrial (+0.01%) and Oil & Gas (-0.09%). Market activity: In today’s trade, total volume and value decreased by 33% and 30% […]

Nigerian Bourse Close Bearish -0.4%, Dragged by Dangote Cement, FBNH

January 28, 2025/Cordros Report EQUITIES The local bourse closed on a bearish note in today’s session, as profit-taking activities in DANGCEM (-3.8%) and FBNH (-5.5%) weighed down the All-Share Index by 0.4% to 103,958.75 points. Consequently, the Year-to-Date return printed +1.0%. The total volume traded increased by 4.6% to 542.23 […]