Investors Bite

Nigerian Bourse Start Week Negative -0.1%, Triggered by MTNN

June 19, 2024/Cordros Report EQUITIES The domestic bourse started the week on a negative note as sell pressures on MTNN (-2.7%) triggered a 0.1% decline in the NGX ASI to 99,840.95 points. As a result, the Month-to-Date and Year-to-Date returns moderated to +0.5% and +33.5%, respectively. The total volume traded […]

Intraday Update: Nigerian Stocks Inch Up +0.17%, Buoyed by Bellwether Counters

June 19, 2024/InvestmentOne Update ASI as at 12.00pm: +0.17%  Top Gainers and Losers: GUINNESS (+9.96%), CHAMPION (+9.83%), CAVERTON (-9.62%) and ABCTRANS (-9.52%).  Sector Performances: Banking (+0.65%), Consumer Goods (+0.17%), Oil & Gas (+0.08%) and Industrial.  Market activity: In today’s trade, total volume and value decreased by 85% and 94% respectively, when compared to this time […]

United Capital Research Investment Views This Week, 19th June to 21st June 2024

June 19, 2024/United Capital Research Global Markets – Mixed Sentiments Toward Risk Asset Classes Persisted. Last week, the major indexes in the US equities market recorded mixed performances, with the S&P 500 Index and Nasdaq Composite touching new highs. However, the market’s positive sentiment remained exceptionally narrow for the second […]