Investors Bite

NGX Reports First Loss of the Week -0.1% Dragged by TRANSCORP, ZENITHBANK

August 30, 2023/Cordros Report EQUITIES   The Nigerian equities market recorded its first loss of the week, as sell pressures on TRANSCORP (-10.0%) and ZENITHBANK (-1.8%) caused a 0.1% decline in the benchmark index. Thus, the All-Share Index settled at 66,439.53 points. Consequently, the Month-to-Date and Year-to-Date gains declined to […]

Intraday Update: Nigerian Stocks Gain +0.02%

August 30, 2023/InvestmentOne Report ASI as at 12.00pm: +0.02% Top Gainers and Losers: UPL (+9.77%), CHAMPION (+9.72%), FTNCOCOA (-9.91%) and CWG (-9.88%). Sector Performances: Consumer Goods (+0.57%), Industrial (+0.08%), Banking (-0.46%) and Oil and Gas (-0.02%). Market activity: In today’s trade, total volume and value surged by 116% and 110%, compared […]

NGX: Total Transaction Increased +72.83% in July to N703Bn from N407Bn in June 2023

August 30, 2023/NGX On a monthly basis, Nigerian Exchange Limited polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI) flows. As at 31 July 2023, total transactions at the nation’s bourse increased by 72.83% from N406.75billion (about $537.87million) in June 2023 to N702.98billion (about $911.91million) […]