Investdata Consulting Limited
Heavy transactions in the shares of some banks lifted the volume of shares traded last week, as a turnover of 2.9 billion shares worth N47.4 billion was recorded in 44,654 deals by investors on the floor of the exchange.
Lingering economic challenges resulting in uncertainty, inflation and insecurity have continued to hit hard on stocks performance as investors lost about N1.74 trillion in April.
Low liquidity in the equities space occassioned by high yields in the fixed income (FI) market, rising inflation and high-interest rate have continued to depress appetite for stocks as investors lose N601.3 billion in one week.
5 Dec 2022
Despite the insecurity in the country and other macroeconomic challenges, coupled with uncertainty in the global economy, stock market investors gained N2.081 trillion in November.
13 Jun 2022
The financial services industry (measured by volume) dominated in volume terms on the equities sector of the Nigerian Stock Exchange (NGX) last week with 1.7 billion shares valued at N12.5 billion.
25 Apr 2022
Anticipation of improved first quarter (Q1) earnings triggered bargain hunting in the equities sector of the Nigerian Exchange Limited (NGX), last week, as the All-share index and market capitalisation ...
11 Oct 2021
Ahead of the third quarter (Q3) earnings and accompanied dividend declarations, bargain hunting in tier-one banks, including FBN Holdings Plc and Ecobank Transnational Incorporated PLC buoyed transactions...
1 Oct 2021
Ahead of Saturday’s third master class in the series this year, organized to give equity investors and traders on the Nigerian Exchange a head-start, Investdata Consulting Limited, the organizers, on Wednesday said the stocks recommended to participants on July 4, 2021, again outperformed the country’s burgeoning 17.01% inflation rate. A statement by Investdata showed that…
7 Jun 2021
Renewed bargain-hunting ahead of the half-year earnings season spurred activities on the equities sector of the Nigerian Exchange Limited (NGX), last week, as investors have begun to take a position in undervalued stocks.
8 Mar 2021
Despite the significant rally in global oil prices coupled with attractive dividend yields from several listed firms, the reign of the bears continued unabated on the Nigerian Stock Exchange...
15 Feb 2021
As investors worry over the continuous uptick in yields in the fixed income market, negative sentiments persisted on the Nigerian Stock Exchange (NSE) for the second consecutive week, causing the All-Share Index...
17 Aug 2020
For the first time since January, the Nigerian equities market closed higher for three consecutive weeks, as positive sentiments on the on-going half-year earnings season has continued to influence prices of low, medium and high cap stocks.