Investors Bite

MIDDAY UPDATE: Nigerian Stocks Up +0.03% on Gains in Consumer Goods Counters

July 18, 2019/InvestmentOne Update ASI as at 12.00pm: +0.03%.  Market movers: MBENEFIT (+4.76%), FCMB (+4.58%), BERGER (-10.00%), CILEASING (-9.17%). Sector Performances: Consumer Goods (+0.18%), Banking (-0.15%), Industrial (-0.02%) and Oil & Gas. Market activity: In today’s early trade, total volume and value declined by 66% and 83% respectively compared to […]

Market Sentiment Remains Weak as NSEASI Inch Down by 0.56%

July 17, 2019 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market closed negative on Wednesday as the benchmark index lost 0.56 percent to close at 28,042.80 basis points, following losses across all sector. InvestmentOne report says market breadth index was negative with 26 losers compared to eight  (8) gainers. […]