Investors Bite

Nigerian Equities Market Closes Flat, as NSEASI Dips -0.01% on Negative Sentiments in Consumer, Oil & Gas Counters

July 9, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.01% to close at 24,276.56pts.  In today’s trade, market breadth index was negative with 15 losers against 10 gainers. CONOIL (-10.00%) led the loser’s chart while LAWUNION (+7.00%) was the top gainer. FIDELITYBK (-0.56%) was the most actively traded stock with about 38million units of shares worth about N69million. Sector Performances ·        NSE Consumer Goods […]

Access Bank Says Zambian Subsidiary to Acquire 100% Stake in Caymont Bank Zambia

July 8, 2020/NSE Access Bank Plc (“Access Bank”) announces today that its wholly owned subsidiary in Zambia, Access Bank Zambia Limited (“Access Bank Zambia”) has entered into exclusive discussions with Cavmont Capital Holdings Zambia Plc (“Cavmont Capital”) regarding a potential transaction between Access Bank Zambia and Cavmont Bank Limited (“Cavmont […]

Nigerian Stocks Gain +0.75% as Positive Sentiments Persists in Industrial and Banking Names

July 8, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.75% to close at 24,278.07pts.  In today’s trade, market breadth index was broadly positive with 25 gainers against 8 losers. WAPCO (+10.00%) led the gainer’s chart while BERGER (-9.63%) was the top loser. FIDELITY (+5.88%) was the most actively traded stock with about 38million units of shares worth about N67million. Sector Performances ·         NSE Banking Index:  Rose by 3.41%, due […]