Investors Bite

NGX Inch Up +0.07% Buoyed by Banking, Oil & Gas Counters

June 1, 2023/InvestmentOne Report The local equities market inched higher by 0.07% as the NGX-ASI settled at 55,808.25pts.  In today’s trade, market breadth index was positive with 30 gainers against 20 losers.  CONOIL (+9.92%) was the top gainer today, while FTNCOCOA (-9.88%) led the losers.                                                                                                                   ACCESSCORP (-0.81%) was the most actively […]

Marginal Optimism Continues as Nigerian Stocks Gain +0.07% Driven by Blue-Chips

June 1, 2023/Cordros Report EQUITIES   Trading in the local bourse extended the week’s positive momentum following bargain hunting in ZENITHBANK (+1.7%), GEREGU (+1.6%), and OKOMUOIL (+5.9%). Thus, the All-Share Index advanced by 0.1% to 55,808.25 points, with the Year-to-Date gain settling at +8.9%.   The total volume traded declined […]

NGXASI Gains -0.04% Driven by Consumer Goods, Oil & Gas Counters

May 31, 2023/InvestmentOne Report The local equities market inched higher by 0.04% as the NGX-ASI settled at 55,769.28pts.  In today’s trade, market breadth index was negative with 39 losers against 30 gainers.  JAIZBANK (+10.00%) was the top gainer today, while NASCON (-9.79%) led the losers.                                                                                                                   ACCESSCORP (-0.40%) was the most actively […]