Investors Bite

BUACEMENT, MTNN Drags NGX Indices by -2.0%

July 4, 2023/Cordros Report EQUITIES Sentiments in the domestic bourse turned negative, as profit-taking activities witnessed in BUACEMENT (-9.9%) and MTNN (-1.8%) caused a 2.0% decrease in the benchmark index. Thus, the All-Share Index closed at 60,715.04 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to -0.4% and +18.5%, respectively. […]

Nigerian Equities Market Record Losses -1.9% Dragged by Pressure Across Sectors

July 4, 2023/InvestmentOne Report The local equities market fell by 1.99% as the NGX-ASI settled at 60,715.04pts. In today’s trade, market breadth index was significantly negative with 44 losers against 33 gainers. CHIPLC (+10.00%) was the top gainer today, while PZ (-10.00%) led the losers.                                                                                                                 FCMB (+4.26%) was the most actively […]

What Happened in the Equities Market Last Week

July 4, 2023/Futureview Kindly click here to download the Weekly Stock Recommendations from our Research team for this week 3rd – 7th July, 2023. Also, see below our top stock picks for the week.   Security               Current Price  (NGN)  Target Price    (NGN)  Expected   Return  GUINNESS                     80.00      […]