Investors Bite

Intraday Update: Nigerian Stocks Gain +0.13%, Driven by Blue Chips

February 26, 2024/InvestmentOne Update ASI as at 12.00pm: +0.13% Top Gainers and Losers: GUINEAINS (+10.00%), NASCON (+10.00%), MANSARD (-10.00%) and SUNUASSUR (-9.57%). Sector Performances: Banking (+2.02%), Consumer Goods (+0.20%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume and value increased by 37% and 26% respectively, when compared […]

Dangote Cement, MTNN Drags Nigerian Bourse to 4.2% Weekly Loss

Selloffs of DANGCEM (-10.0%) and MTNN (-10.0%) were the major drivers of this week’s loss. Thus, the All-Share Index declined by 4.2% w/w to close at 101,088.07 points. February 23, 2024/Cordros Report Global Economy   According to the recently released data from Eurostat, consumer prices in the Eurozone eased marginally […]

Bulls Reinforce as NGXASI Up +0.84Points, Investors Gain N464.67Bn

—-NGXASI stands at +36.53% (YTD); Naira depreciated by 5.99% to close at ₦1,665.50 February 23, 2024/Futureview Research Click here to download the full report EQUITIES MARKET: The Nigerian equities market picked up the positive tempo to close the week’s trading in the green zone. The NGXASI recorded a marginal uptick […]