Investors Bite

MTNN, NESTLE Drives Nigerian Bourse to -0.5% Weekly Loss, Dragged By MTNN, NESTLE

The Nigerian equities market continued with bearish sentiments, as profit-taking activities on MTNN (-5.0%) and NESTLE (-9.8%) stocks drove the All-Share Index lower by 0.5% w/w to 97,745.75 points August 2, 2024/Cordros Report Global The Monetary Policy Committee (MPC) of the Bank of England (BoE) voted by a majority of […]

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

August 2, 2024/InvestmentOne Update ASI as at 12.00pm: +0.27%  Top Gainers and Losers: OANDO (+10.00%),  OKOMUOIL (+10.00%), MECURE (-9.82%) and TANTALIZER (-6.52%).  Sector Performances: Banking (+0.76%), Consumer Goods (+0.05%), Oil & Gas (-0.01%) and Industrial.   Market activity: In today’s trade, total volume and value declined by 80% and 69% respectively, when compared to this time yesterday, as […]

Bearish Trend in the Equities Market in July

August 2, 2024/CSL Research In sync with the bullish sentiments which prevailed the global equities market (except China) and the African market, the domestic equities market started the year on a positive note with the bulls wielding the upper hand. The market rallied for 15-trading sessions consecutively in January and […]