Investors Bite

Sentiments Remain Bullish as NGXASI Gains +0.6%, Driven by GEREGU, SEPLAT

January 25, 2024/Cordros Report EQUITIES Sentiments in the Nigerian stock market remained positive as the All-Share Index advanced by 0.6% to close at 102,149.93 points. Today’s performance was supported by bargain hunting activities in SEPLAT (+10.0%) and GEREGU (+5.4%). Subsequently, the Year-to-Date return increased to +36.6%. The total volume increased […]

Intraday Update: Nigerian Bourse Inches Up +0.14%, Driven by Blue Chips

January 25, 2024/InvestmentOne Update ASI as at 12.00pm: +0.14% Top Gainers and Losers: JAPAULGOLD (+9.80%), CHAMS (+9.68%), HONYFLOUR (-9.90%) and SOVREININS (-9.43%). Sector Performances: Banking (+0.23%), Consumer Goods (+0.19%), Industrial (-0.07%) and Oil & Gas (-0.07%). Market activity: In today’s trade, total volume decreased by 12% while total value increased by […]

NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer of 2023

January 25, 2024/Nova Merchant Bank NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on data from the Securities & Exchange Commission (SEC). NOVAmbl Asset Management is a subsidiary of NOVA […]