Investors Bite

Intraday Update: NGXASI Gains +0.41%, Buoyed by Bellwether Counters

March 13, 2024/InvestmentOne Update ASI as at 12.00pm: +0.41% Top Gainers and Losers: ETI(+10.00%), JBERGER (+10.00%), CONOIL (-9.96%) and SUNUASSUR (-9.62%). Sector Performances: Banking (+2.09%), Industrial (+0.02%), Consumer goods (+0.01%) and Oil & Gas. Market activity: In today’s trade, total volume and value declined by 45% and 31% when compared to this time yesterday, as investors have traded about 127 million units of shares worth N3.94 billion. […]

NGXASI Gains +1.45%, Driven by UBA, FBNH, MTNN

March 12, 2024/InvestmentOne Report The NGXASI boosted by 1.45% today to close at 103,524.44pts, as the buy-interest in UBA (+10.00%), MTNN (+9.98%) and FBNH (+6.25%) drove the market into the green zone. In the Fixed income space, the Treasury Bills secondary market closed bullish, as there were buy ins observed across the […]

Nigerian Bourse Extends Bullish Run, Gains +1.5% Buoyed by MTNN

March 12, 2024/Cordros Report EQUITIES The local bourse extended yesterday’s bullish performance driven by renewed interest in MTNN (+10.0%). Thus, the All-Share Index advanced by 1.5% to 103,524.44 points. Consequently, the Month-to-Date and Year-to-Date returns rose to +3.5% and +38.5%, respectively. The total volume traded increased by 29.5% to 565.79 million […]