Investors Bite

Intraday Update: Nigerian Stocks Inch Up +0.03% Driven by Blue Chips

November 30, 2023/InvestmentOne Update ASI as at 12.00pm: +0.03% Top Gainers and Losers: CONHALLPLC (+10.00%), WAPIC (+9.86%), NSLTECH (-9.72%) and UNITYBNK (-9.68%). Sector Performances: Banking (+0.04%), Consumer Goods (+0.02%), Oil & Gas (-0.14%) and. Industrial Market activity: In today’s trade, total volume increased by 8% while total value decreased by 46%, […]

Guinness Nigeria Says John Musunga Exits as MD, Names Adebayo Alli as Replacement Effective Jan 01, 2024

November 29, 2023/NGX This to notify that by a Resolution of the Board of Directors of Guinness Nigeria Plc at its Board meeting held on 27th November, 2023, the Board considered and approved the resignation of Mr John Musunga as Managing Director with effect from 31 December, 2023 following his […]

Nigerian Equities Reverse Previous Loss, Gains +0.3%, Driven by NESTLE, SEPLAT

November 29, 2023/Cordros Report EQUITIES   The domestic equities market reversed yesterday’s loss as bargain hunting in SEPLAT (+10.0%) and NESTLE (+9.5%) drove the benchmark index higher. Accordingly, the NGX-ASI advanced by 0.3% to 71,284.56 points, with the Month-to-Date and Year-to-Date gains printing +3.0% and +39.1%, respectively.   The total […]