Investors Bite

MIDDAY UPDATE: Nigerian Stocks Dip -0.01%, Dragged by Banking Sector

September 15, 2021/InvestmentOne Update ASI as at 12.00pm: -0.01% Market movers: CHAMS (-4.76%), FTNCOCOA (-4.17%), NNFM (+9.59%) and UPDC (+8.43%), Sector Performances: Banking (-0.31%), Consumer Goods (+0.03%), Industrial and Oil and Gas. Market activity: In today’s trade, while total volume decreased by 45%, total value increased by about 51% compared […]

Mixed Trading Continues on Nigerian Bourse, NGX Index Unchanged at 38,920.50 Points

September 14, 2021/Cordros Report EQUITIES Mixed trading continued today in the local bourse as the All-Share Index was unchanged at 38,920.50 points. Consequently, the Month-to-Date and Year-to-Date losses settled at -0.8% and -3.4%, respectively. The total volume of trades increased by 11.2% to 223.63 million units, valued at NGN1.86 billion, […]

NGX-ASI Takes a Breather; Closes Up by 0.01% Buoyed by Banking, Industrial Counters

September 14, 2021/InvestmentOne Report The Nigerian equities market closed up today by 0.01% as NGX-ASI closed at 38,920.50.    In today’s trade, market breadth index was negative with 21 losers against 14 gainers.   UPDC (+9.93%) was the top gainer while SOVRENINS (-7.41%) led the losers today.   WEMABANK (-1.30%) was the […]