Investors Bite

NGXASI Advance by +1.03%, Buoyed by Bellwether Counters

August 8, 2024/InvestmentOne Report The NGXASI advanced by 1.03% today to close at 98,118.30pts, as the bullish momentum on MTNN (+10.00%), OANDO (+9.97%) and ZENITHBANK (+2.70%) pushed the local bourse into the positive terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note today as yields […]

Nigerian Bourse Extend Bullish Run by +1.0% Gain, Driven by MTNN

August 8, 2024/Cordros Report EQUITIES   The local bourse extended yesterday’s bullish performance as bargain hunting in MTNN (+10.0%) drove the benchmark index 1.0% higher. Thus, the All-Share index closed at 98,118.30 points, with the Month-to-Date and Year-to-Date returns increasing to +0.4% and +29.9%, respectively.   The total trading volume […]

Intraday Update: Nigerian Stocks Inch Up +0.85%, Buoyed by Blue Chips

August 8, 2024/InvestmentOne Report ASI as at 12.00pm: +0.85%  Top Gainers and Losers: MTNN (+10.00%), OANDO (+9.97%), ABBEYBDS (-8.05%) and TIP (-6.98%).  Sector Performances: Banking (+0.53%), Consumer Goods (+0.18%), Industrial (-0.02%), Oil & Gas.  Market activity: In today’s trade, total volume decreased by 10% while total value increased by 11% respectively, when compared to this time […]