The local bourse rebounded from last week’s rout as strong bargain-hunting activities across tickers with attractive entry points pushed the All-Share Index higher by 1.5% w/w to 52,973.88 points. Precisely, investors’ interests in NESTLE (+10.0%) and MTNN (+1.5%) spurred the weekly gain May 26, 2023/Cordros Report Global Economy According to […]
Investors Bite
Nigerian Equities Closes Week Higher
May 26, 2023/InvestmentOne Update The Nigerian bourse witnessed an uptick by 0.29% as the NGX-ASI settled at 52,973.88pts. In today’s trade, market breadth index was significantly positive with 42 gainers against 11 losers. NASCON (+10.00%) was the top gainer today, while SOVRENINS (-7.69%) led the losers. UBA (+6.29%) was the most […]
Mid Year Review and Opportunity for Diversification
May 26, 2023/InvestmentOne Update As we approach the mid-year mark, it’s an excellent time to reflect on your financial goals and evaluate your investment strategy. In light of recent market developments, the NGX-ASI has gained 3.27% this year and we have seen stocks like GTCO, ZENITHBANK and TRANSCORP gain over […]
