Investors Bite

Nigerian Equities Close Week Bullish +0.7%, Buoyed by Huaxin Cement, SEPLAT, ACCESS

The Nigerian equities market closed the week on a positive note, largely driven by gains in WAPCO (+27.6%) – following the announcement of the proposed sale of the company’s majority stake to Huaxin Cement – SEPLAT (+7.6%), and ACCESSCORP (+6.9%). As a result, the All-Share Index (ASI) advanced by 0.7% […]

Intraday Update: Nigerian Stocks Inch Up +0.07% on Bellwether Gains

December 6, 2024/InvestmentOne Update ASI as at 12.00pm: +0.07% Top Gainers and Losers: NSLTECH (+7.69%), SOVRENINS (+7.69%), CORNERST (-7.88%) and CHAMPION (-5.00%). Sector Performances: Banking (+0.38%), Industrial (+0.02%), Oil & Gas (-0.15%) and Consumer Goods (-0.02%). Market activity: In today’s trade, total volume and value increased by 89% and 180% […]

ACCESS, WAPCO, ZENITH BANK Drags NGXASI to -0.06% Loss

December 5, 2024/InvestmentOne Report The NGXASI declined by 0.06% today to close at 98,114.11pts, as profit taking in the shares of WAPCO (-2.05%), ACCESSCORP (-1.84%) and ZENITHBANK (-1.68%) drove the domestic bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note, largely […]