Investdata Consulting Limited
Apathy, weak sentiments persist amid rising insecurity, others
For the third consecutive week, weak sentiments have continued to dominate the domestic equities market, as investors lose 1.11 per cent.
Pressure on equities defy earning season, index slumps by 2.69 per cent
Despite improved numbers in 2019 full year result churned out by quoted companies, sentiments remained weak in the equities market, causing the All-Share Index (ASI) to shed 2.69 percent.
Indices rebound by 2.09% over renewed stocks’ appetite
Buying interest in the shares of some bluechip stocks drove the local bourse northward for four consecutive days last week, sustaining the positive trend since the beginning of the week.
Bears sustain dominance on profit-taking as index slumps further
The bears sustained dominance at the end of transactions on the equities sector of the Nigerian Stock Exchange (NSE), yesterday, occasioned by price losses in most blue-chip stocks, resulting to a further decline in the All-Share Index by 0.35 percent.
Equities sustain rising profile as index appreciates further by 0.14 per cent
Following price gains recorded by most bluechip stocks, transactions on the equities sector of the Nigerian Stock Exchange (NSE), sustained the previous day gains, as the All Share Index (ASI) appreciated further by 0.14 percent.
Bears sustain dominance as prices of major stocks dip
The Nigerian Stock Exchange (NSE), yesterday, sustained a bearish sentiment for the sixth consecutive trading session, as more blue chip stocks depreciated in price, resulting to a further loss...
Sell-off persists, indices fall further by 0.3 per cent
Investors continued to dump the shares of highly capitalised stocks in the equities sector of the Nigerian Stock Exchange (NSE) last week, especially Airtel Africa, apparently taking advantage of their relatively high prices to make a profit in the form of capital gains.
Indices down by N130 billion as market reverses gaining streak
The Nigerian equities market’s gaining streak came to a close yesterday, as losses incurred by most blue-chip stocks dragged market indices. The development caused the market capitalisation depreciated by N130 billion. Yesterday, the All Share Index (ASI) fell by 267.15 points or 0.97 per cent to 27,319.64 points. Accordingly, investors lost N130 billion in value…
Negative sentiment persists, index dips further by 1.4%
Negative sentiments continued to pervade activities on the equity sector of the Nigerian Stock Exchange (NSE) as the All-Share Index (ASI) and market capitalisation depreciated...
Stakeholders worry as investors snub cheap equities
Investors’ continued neglect of equities and subsequent diversion to short-dated money market instruments despite the stock market attractive valuation has become a source of worry to stakeholders, as they task the government to adopt an economic policy that would urgently respond to the macro challenges currently rocking the domestic economy.