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Intraday Update: Nigerian Stocks Inch Up +0.05%, Buoyed by Blue Chips

August 22, 2024/InvestmentOne Update ASI as at 12.00pm: +0.05% Top Gainers and Losers: ACADEMY (+10.00%), RTBRISCOE (+9.78%), THOMASWY (-8.88%) and INTENEGINS (-7.64%). Sector Performances: Oil & Gas (+0.10%), Banking (-0.44%), Consumer Goods (-0.32%) and Industrial. Market activity: In today’s trade, total volume and value moderated by 27% and 38% respectively […]

NGXASI Declines -0.07%, Dragged by Blue Chips

August 21, 2024/InvestmentOne Report The NGXASI declined today by 0.07% to close at 95,895.92pts as losses in OANDO (-8.66%), UBA (-1.79%) and FBNH (-1.21%) drove the domestic equities market into the red zone. In the fixed income space, the Treasury Bills secondary market closed negative as we observed sell pressure across the […]

Nigerian Stocks Reverse Gain, Dips -0.1% on Losses in OANDO

August 21, 2024/Cordros Report EQUITIES The domestic stock market reversed yesterday’s gains as losses in OANDO (-8.7%) undermined market performance. Thus, the All-Share Index dipped by 0.1% to close at 95,832.29 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -2.0% and +28.2%, respectively. The total volume of trades declined […]