Investors Bite

Domestic Stocks Sustain Bullish Run, Gains +1.7% Buoyed by BUACEMENT, DANGCEM

July 11, 2023/Cordros Report EQUITIES The local bourse sustained its bullish sentiments as buying interests in DANGCEM (+9.3%), and BUACEMENT (+6.6%) drove a 1.7% increase in the benchmark index. As a result, the NGX ASI settled at 65,669.29 points, with the Month-to-Date and Year-to-Date returns increasing to +7.7% and +28.1%, […]

NGX RegCO, ICAN sign MoU to enhance market regulation, investor protection

July 10, 2023/NGX In its bid to further enhance the effectiveness of regulation and investor protection in the Nigerian capital market, NGX Regulation Limited (NGX RegCo) signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of Nigeria (ICAN) on Monday, 10 July 2023. This milestone signifies closer […]

Nigerian Equities Open Week Positive +2.48% Driven by Bullish Sentiments Across Sectors

July 10, 2023/InvestmentOne Report he Nigerian bourse closed positive today as the NGX-ASI moved further by 2.48% to settle at 64,603.69pts.  In today’s trade, market breadth index was largely positive with 71 gainers against 19 losers.  DAARCOMM (+10.00%) was the top gainer today, while PHARMDEKO (-9.85%) led the losers.                                                                                                                 FBNH (+9.85%) […]