May 31, 2024/InvestmentOne Update ASI as at 12.00pm: +0.09% Top Gainers and Losers: UPDC (+9.84%), SOVRENINS (+9.76%), CHAMS (-4.46%) and HONYFLOUR (-3.23%). Sector Performances: Banking (+0.26%), Consumer Goods (-0.01%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume and value both increased by 75% and 147% respectively, […]
Investors Bite
Foreign Participation Up Moderately in April
May 31, 2024/CSL Research In its Domestic & Foreign Portfolio Investment Report for April 2024, the Nigerian Exchange Group (NGX) reported a significant year-on-year (y/y) increase in total investor participation, both domestic and foreign. The participation rose by 162.55%, reaching N1.89 trillion in April 2024, up from N721.44 billion in […]
Bulls Sustain Hold as Nigerian Bourse Up +0.5%, Buoyed by SEPLAT
May 30, 2024/Cordros Report EQUITIES The bulls continued to dominate activities in the domestic bourse as bargain hunting in SEPLAT (+10.0%) triggered a 0.5% gain in the benchmark index to 99,276.03 points. As a result, the Month-to-Date and Year-to-Date gains settled higher at +1.1% and +32.8%, respectively. The […]
