Investors Bite

Nigerian Equities Fall 0.1% Dragged by ACCESS, INTBREW

February 21, 2023/Cordros Report EQUITIES The Nigerian equities market reversed yesterday’s gains as the profit-taking activities in INTBREW (-4.3%) and ACCESSCORP (-1.6%) caused a 0.1% decline in the benchmark index. Consequently, the NGX ASI settled at 54,189.31 points, with the Month-to-Date and Year-to-Date returns moderating to +1.8% and +5.7%, respectively. […]

Nigerian Equities Open Week Positive +0.78% on Bellwether Gains

February 20, 2023/InvestmentOne Report The Nigerian equities opened the week positively as the NGX-ASI rose by 0.78% to settle at 54,224.35pts.  In today’s trade, market breadth index was negative with 15 losers against 14 gainers.   CONOIL (+9.93%) led the gainers, while CAPHOTEL (-9.42%) was the top loser today.  GTCO (-0.20%) […]

Market Resumes Week in Green +0.8% on Bargain-Hunting in AIRTELAFRI

February 20, 2023/Cordros Report EQUITIES Trading activities in the local bourse resumed this week in an upbeat mood, following bargain-hunting in AIRTELAFRI (+3.9%). Thus, the All-Share Index inched higher by 0.8% to close at 54,224.35 points. Consequently, the Month-to-Date and Year-to-Date returns printed +1.9% and +5.8%, respectively. The total volume […]