Investors Bite

Intraday Update: NGXASI Gains +0.27% Driven by Bellwether Counters

October 17, 2023/InvestmentOne Update ASI as at 12.00pm: +0.27% Top Gainers and Losers: JBERGER (+10.00%), THOMASWY (+9.29%), ETRANZACT (-6.67%) and ETERNA (-5.84%). Sector Performances: Banking (+2.42%), Consumer Goods (+0.22%), Industrial and Oil and Gas. Market activity: In today’s trade, total volume and value increased by 171% and 176% respectively, compared to […]

United Capital Research Investment Views This Week 16th October 2023 to 20th October 2023

October 16, 2023/United Capital Research Global Markets: Mixed Sentiments Continue Last week, the global equities market witnessed an improvement in investors’ sentiment. In the US, inflation was higher than forecast in September, raising the prospect that the Federal Reserve (Fed) may raise interest rates following similarly robust recent data on […]

Nigerian Bourse Start Week Bearish -0.2% Dragged by Sell Pressure in STANBIC

October 1, 2023/Cordros Report EQUITIES   The domestic equities market commenced the week’s trading on a bearish note following late sell pressures on STANBIC (-10.0%). Consequently, the All-Share Index declined by 0.2% to 67,037.93 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +1.0% and +30.8%, respectively.   The total […]