Investors Bite

NGX Opens Week’s Trading Positive +0.7% Driven by BUAFOODS

August 21, 2023/Cordros Report EQUITIES The domestic equities market resumed the week’s trading on a positive note, as bargain-hunting activities in BUAFOODS (+9.3%) supported market performance. As a result, the All-Share Index advanced by 0.7% to 65,202.41 points, with the Month-to-Date and Year-to-Date returns increasing to +1.3% and +27.2%, respectively. […]

Nigerian Equities Market Closes Up +0.74% Driven by Consumer Goods, Industrial Counters

August 21, 2023/InvestmentOne Report The Nigerian equities market increased by 0.74% as the NGX-ASI closed at 65,202.41pts.  In today s trade, market breadth index was positive with 31 gainers against 15 losers.  JOHNHOLT (+9.66%) was the top gainer today, while TANTALIZER (-10.00%) led the losers.                                                                                                                 TRANSCORP (+5.29%) was the most actively […]

Financial Services Stocks Dominate NGX Turnover by 58%

August 21, 2023/NGX The Nigerian financial services sector played a significant role in boosting the trade volume and value of equities on the floor of Nigerian Exchange Limited (NGX) despite global and local equities market challenges. . Nigerian stocks had closed in the negative territory following profit-taking activities on all […]