Investors Bite

GTBank, ZENITH, Nigerian Breweries Drags NSEASI Down -0.3%

December 2, 2020/Cordros Report EQUITIES The local bourse retraced in today’s session as sell-offs of large caps NB (-7.1%), GUARANTY (-2.6%) and ZENITHBANK (-1.6%) caused the NSE ASI to record its first loss in seven consecutive trading sessions. Consequently, the All-Share Index declined by 0.3% to 35,056.82 points. Accordingly, Month-to-Date […]

Nigerian Stocks Dip -0.26%, Dragged by Sell-Offs in Most Sectors

December 2, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.26% to close at 35,056.82pts. However, market breadth index was negative with 19 gainers against 22 losers . AIICO (+9.90%) led the gainer’s chart today, while CILEASING (-9.90%) was the top loser. ACCESS was the most actively traded stock with about 46million units of shares worth […]

Nigerian Equities Market Records Six Straight Gains +0.3%, Driven by Banking Counters

December 1, 2020/Cordros Report EQUITIES Nigerian equities sustained yesterday’s performance, as the All-Share Index recorded a sixth consecutive gain, following buying interests in Tier 1 bank names, GUARANTY (+5.4%), ZENITHBANK (+1.7%) and ACCESS (+1.2%). Against the foregoing, the NSE ASI advanced by 0.3% to 35,147.62 points. Accordingly, Month-to-Date and Year-to-Date […]