May 25, 2023/NGX Nigerian Exchange Limited (NGX) has revealed that the total allotments for FGN Savings Bonds has risen to N5.06 billion in the first five months of 2023. The Divisional Head, Capital Markets at NGX, Jude Chiemeka, made this known during the NGX Savings Bond webinar 2023 organised by […]
Investors Bite
Nigerian Equities Close Northwards +0.58% Driven by Bellwether Counters
May 24, 2023/InvestmentOne Report The local equities market closed northwards as the NGX-ASI rose by 0.58% to settle at 52,927.60pts. In today’s trade, market breadth index was majorly positive with 36 gainers against 17 losers. NESTLE (+9.98%) was the top gainer today, while CHELLARAM (-9.82%) led the losers. ACCESSCORP (+6.19%) was […]
Bullish Sentiment Persists as NGX Gains 0.6% Buoyed by NESTLE
May 24, 2023/Cordros Report EQUITIES The domestic equities market sustained the week’s bullish momentum following bargain hunting in NESTLE (+10.0%). Accordingly, the NGX ASI closed 0.6% higher to 52,927.60 points, with the Month-to-Date and Year-to-Date returns settling at +1.0% and +3.3%, respectively. The total volume traded increased by 29.7% to […]
