Investors Bite

Monthly Equities Market Insight – November 2024

December 5, 2024/InvestmentOne Report The local equities market was down by 0.15% MoM to close negative in November 2024, as the NGXASI extended its loss from the previous month (October 2024: -0.92%). The performance was attributed to the bearish sentiment observed in some large cap stocks such as OANDO (-563.92pts), […]

Intraday Update: Nigerian Stocks Inch Up +0.01%, Buoyed by Blue Chips

December 5, 2024/InvestmentOne Report ASI as at 12.00pm: +0.01% Top Gainers and Losers: UPL (+10.00%), CORNERST (+10.00%), REDSTAREX (-10.00%) and TANTALIZER (-7.20%). Sector Performances: Oil & Gas (+1.16%), Banking (+0.17%), Consumer Goods (+0.01%) and Industrial (-0.30%). Market activity: In today’s trade, total volume increased by 69% while total value decreased […]

NGXASI Gains +0.48%, Driven by Bellwether Counters

December 4, 2024/InvestmentOne Report The NGXASI advanced by 0.48% today to close at 98,174.99pts, as gains in WAPCO (+7.56%), SEPLAT (+7.55%) and ACCESSCORP (+2.08%) drove the domestic 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 […]