Investors Bite

Intraday Update: ASI Gains +0.06%

September 8, 2023/InvestmentOne Report ASI as at 12.00pm: +0.06% Top Gainers and Losers: OANDO (+10.00%), NEIMETH (+9.80%), CHELLARAM (-9.94%) and OMATEK (-9.37%). Sector Performances: Consumer Goods (+0.78%), Industrial (+0.16%), Banking (+0.04%) and Oil and Gas. Market activity: In today’s trade, total volume and value decreased by 9% and 40% respectively, compared […]

FSDH Top Picks: Global equities weaken but Nigerian equities march on in August

Kindly click here to download the report or visit the FSDH Research to view all our reports.  September 8, 2023/FSDH Research Nigerian Equities: Bullish momentum extends into fourth consecutive month A cocktail of positive corporate actions resulted in Nigerian equities sustaining a bullish streak in August. The NGX-All Share Index (NGX-ASI) gained 3.4% in August, closing […]

Bears Persist as NGXASI Dips -0.3% Dragged by Dangote Cement

September 7, 2023/Cordros Report EQUITIES   Bearish sentiments persisted in the local bourse as the benchmark index dipped further by 0.3% to close at 68,082.11 points. Today’s market performance was undermined by the sell-pressures on DANGCEM (-1.4%). Accordingly, the Month-to-Date and Year-to-Date returns moderated to +2.3% and +32.8%, respectively.   […]