July 21, 2023/NGX Nigerian Exchange Limited (“NGX”) has announced the reclassification of Fidelity Bank Plc from Small price stock to Medium price stock. Rule 15.29 of the Rulebook of The Exchange, 2015 (Dealing Members’ Rules) notes that equities priced above N5 per share for at least four of the most […]
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Intraday Update: NGXASI Gains +1.60% Buoyed by Bellwether Counters
July 21, 2023/InvestmentOne Update ASI as at 12.00pm: +1.60% Top Gainers and Losers: STERLINGNG (+10.00%), JAIZBANK (+10.00%), ACADEMY (-9.88%) and NSLTECH (-9.82%). Sector Performances: Banking (+9.73%), Consumer Goods (+0.36%) Oil and Gas (+0.14%), and Industrial (-0.04%). Market activity: In today’s trade, total volume and value increased by 372% and 332% respectively, […]
Bulls Back as NGXASI Gains +0.3% Buoyed by GEREGU
July 20, 203/Cordros Report EQUITIES Bullish sentiments resurfaced in the local bourse as buying interest in GEREGU (+5.7%) drove the benchmark index 0.3% higher. Thus, the All-Share Index closed at 63,930.72 points. Consequently, the Month-to-Date and Year-to-Date returns increased to +4.9% and +24.7%, respectively. The total volume of […]
