Investors Bite

Sentiments in Nigerian Bourse Remain Bearish -0.9% Dragged by DANGSUGAR, STANBIC

February 8, 2024/Cordros Report EQUITIES Sentiments in the domestic equities market remained bearish as profit-taking activities in DANGSUGAR (-8.6%) and STANBIC (-7.7%) caused a 0.9% decline in the NGX ASI to 101,227.66 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +0.1% and +35.4%, respectively. The total volume traded increased […]

NGXASI Declines -0.86% as Investors Selloff DANGSUGAR, STANBIC, TRANSCORP

February 8, 2024/InvestmentOne Report The NGXASI declined by 0.86% today to close at 101,227.42pts, as investors selloffs in DANGSUGA (-8.61%), STANBIC (-7.69%) and TRANSCORP (-9.45%) drove the market into the red zone. In the Fixed income space, the Treasury Bills secondary market closed bearish, largely driven by selloffs on the short and […]

Market Closes Flat as Investors Loss N954.04 Million

—-NGXASI stands at +36.55% (YTD); Naira appreciated by 1.05% to close at ₦1418.78 February 7, 2024/Futureview Research Click here to download the full report EQUITIES MARKET: The domestic bourse traded flat as mixed sentiment was observed across equities. The NGXASI recorded a slight decline from 102,108.05 points to 102,106.31 points, […]