Investors Bite

MTNN Drives Nigerian Stocks to +1.3% Gain

January 9, 2025/Cordros Report EQUITIES The Nigerian stock market closed higher in today’s session as sustained interest in MTNN (+10.0%) caused a 1.3% increase in the benchmark index to 105,530.74 points, with the Year-to-Date returns settling at +2.5%. The total trading volume decreased by 36.3% to 481.69 million units, valued […]

NGXASI Gains +1.25% as Bullish Sentiment Drives Market

January 9, 2025/InvestmentOne Report The NGXASI advanced by 1.25% today to close at 105,530.74pts as bullish sentiment observed in MTNN (+10.00%), TRANSCOHOT (+9.78%) and ZENITHBANK (+4.49%) drove the local bourse into the positive region. In the fixed income space, the Treasury Bills secondary market traded on a negative note, driven by the selloffs […]

NGXASI Gains +0.84%, Buoyed by Blue Chips

January 9, 2025/InvestmentOne Update ASI as at 12.00pm: +0.84% Top Gainers and Losers: MTNN (+10.00%), HONYFLOUR (+9.89%), SUNUASSUR (-9.99%) and TIP (-9.68%). Sector Performances: Consumer Goods (+0.50%), Oil & Gas (+0.18%), Banking (+0.13%) and Industrial. Market activity: In today’s trade, total volume and value declined by 28% and 54% respectively, […]