August 2, 2023/InvestmentOne Update ASI as at 12.00pm: +0.04% Top Gainers and Losers: NPFMCRFBK (+10.0%), SKYAVN (+9.96%), TIP (-10.00%) and OMATEK (-9.76%). Sector Performances: Consumer Goods (+0.06%), Banking (+0.04%), Industrial and Oil and Gas. Market activity: In today’s trade, total volume and total value decreased by 27% and 49%, compared to […]
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Bears maintain Grip on Equities; NGXASI down by 23bps; Investors lost N79 Billion
August 1, 2023/Research & Strategy Futureview Financial Services Click here to download the full report Equities Market The local stock market concluded the trading session on a bearish note, with a continuation of negative sentiment prevailing among investors, resulting in significant sell-offs across prominent stocks. Consequently, the benchmark NGX All-Share […]
Bears Sustain Hold on Nigerian Stocks, Index Dips -0.2% Dragged by FIDELITYBNK, GTCO
August 1, 2023/Cordros Report EQUITIES The domestic equities market sustained its bearish run today, as profit-taking activities across banking names – GTCO (-3.1%) and FIDELITYBK (-9.9%) – undermined market performance. As a result, the NGX ASI dipped further by 0.2% to 64,192.20 points, causing the Year-to-Date return to moderate to […]
