Investors Bite

NGXASI Gains +0.10%, Buoyed by Oil & Gas Counters

November 7, 2024/InvestmentOne Report The NGXASI advanced today by 0.10% to close at 96,930.94pts, as buy pressure on CONOIL (+10.00%), OANDO (+7.03%) and ZENITHBANK (+0.82%) drove the local bourse into the positive territory. In the fixed income space, the Treasury Bills secondary market closed up as we observed bullish sentiment across the […]

Intraday Update: Nigerian Stocks Gain +0.27%, Buoyed by Blue Chips

November 7, 2024/InvestmentOne Update ASI as at 12.00pm: +0.27% Top Gainers and Losers: ARADEL (+10.00%), JOHNHOLT (+9.77%), MAYBAKER (-9.62%) and TANTALIZER (-9.37%). Sector Performances: Banking (+0.28%), Consumer Goods (+0.01%), Oil & Gas (-0.04%) and Industrial (-0.03%). Market activity: In today’s trade, total volume and value advanced by 177% and 116% […]

Nigerian Stocks Decline -0.3% on Losses in Blue Chips

November 6, 2024/Cordros Report EQUITIES The local bourse reversed yesterday’s gains as losses in AIRTELAFRI (-2.0%), UBA (-10.0%) and OANDO (-10.0%) caused a 0.3% decline in the benchmark index to 96,834.77 points. As a result, the Month-to-Date and Year-to-Date returns settled at -0.8% and +29.5%, respectively. The total volume traded decreased […]