Investors Bite

Nigerian Equities Edge Higher as NGXASI Closes Week +0.2% Driven by MTNN

The Nigerian equities market edged higher this week as investors’ interest in MTNN (+1.8%) drove the All-Share Index higher by 0.2% w/w to 65,198.08 points. August 4, 2023/Cordros Report Global economy   The Monetary Policy Committee (MPC) of the Bank of England (BoE) increased its key policy rate for the […]

NGXASI Dips -0.10% Dragged by Banking, Oil & Gas Counters

August 4, 2023/InvestmentOne Report The Nigerian bourse fell by 0.10% as the NGX-ASI closed at 65,198.08pts. In today’s trade, market breadth index was flat with 28 gainers against 28 losers. GLAXOSMITH (+9.88%) was the top gainer today, while ETERNA (-9.83%) led the losers.                                                                                                                 TRANSCORP (-1.32%) was the most actively traded stock […]

Intraday Update: NGXASI Gains +0.02% Driven by Bellwether Counters

August 4, 2023/InvestmentOne Update ASI as at 12.00pm: +0.02% Top Gainers and Losers: GLAXOSMITH (+9.88%), SUNUASSUR (+9.30%), ETERNA (-9.83%) and LINKASSURE (-9.41%). Sector Performances: Consumer Goods (+0.51%), Banking (+0.19%), Industrial (+0.04%) and Oil and Gas (-0.52%). Market activity: In today’s trade, total volume and total value decreased by 46% and 42%, […]