Investors Bite

Nigerian Stocks Start Week Bearish -1.4%, Dragged by Dangote CEMENT

August 19, 2024/Cordros Report EQUITIES   Trading in the domestic equities market kicked off the week on a bearish note, following profit-taking activities in DANGCEM (-10.0%). As a result, the All-Share Index dipped by 1.4% to close at 95,779.79 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -2.0% and […]

Intraday Update: Nigerian Stocks Gain +0.41%, Buoyed by Blue Chips

August 19, 2024/InvestmentOne Update ASI as at 12.00pm: +0.41% Top Gainers and Losers: CUTIX (+10.00%), SOVRENINS (+10.00%), INTBREW (-9.89%) and AFRIPRUD (-9.68%). Sector Performances: Industrial (+1.15%), Banking (+0.45%), Oil & Gas (+0.11%) and Consumer Goods (-0.18%). Market activity: In today’s trade, total volume and value advanced by 85% and 45% […]

United-Capital-Research-Investment-Views-This Week 19th August to 23rd August 2024

August 19, 2024/United Capital Research Global Markets: Positive Sentiments Dominate the Market Last week, the global equities market closed on a positive note due to better-than-expected economic data releases. In the US, market sentiments recovered from earlier losses recorded at the beginning of the month following a busy week of […]