Investors Bite

Intraday Update: Nigerian Stocks Advance +0.39% on Gains Across Sectors

February 1, 2023/InvestmentOne Update ASI as at 12.00pm: +0.39% Market Mover: MTNN (+2.22%) Top Gainers and Losers: IMG (+10.00%), SEPLAT (+10.00%), GUINNESS (-10.00%) and ARDOVA (-9.95%).   Sector Performances: Oil and Gas (+4.74%), Banking (+0.35%), Consumer Goods (+0.01%) and Industrial. Market activity: In today’s trade, total volume and value decreased […]

Nigerian Bourse Sustains Bulls Run +0.2%, DrIven by GERERGU

January 31, 2023/Cordros Report EQUITIES Sentiments remained positive in the local bourse as demand for GEREGU (+10.0%) supported market performance.  Accordingly, the All-Share Index inched higher by 0.2% to close at 53,238.67 points. Consequently, the Year-to-Date return advanced to +3.9%. The total volume traded increased by 24.3% to 250.19 million […]

Bullish Trend Continues as NGXASI Gains +0.15% Buoyed by Industrial Sector

January, 31, 2023/InvestmentOne Report The local bourse continued yesterday’s bullish trend, albeit at a slower pace as the NGX-ASI moved upwards by 0.15% to settle at 53,238.67pts.  In today’s trade, market breadth index was significantly positive with 29 gainers against 18 losers.   VERITASKAP (+10.00%) led the gainers today, while the […]