By InvestAdvocate Lagos (INVESTADVOCATE)-The Federal Government of Nigeria (FGN) will on Thursday list its $1.0 billion eurobond on the floor of the Nigerian Stock Exchange (NSE). On February 9, 2017, Nigeria priced its eurobond in the international market at an interest rate of 7.875 percent and maturing on 16th February […]
Capital Market
Weekly Stock Recommendation-Cordros
Click here to view Cordros Weekly Stock Recommendation By InvestAdvocate Lagos (INVESTADVOCATE)-Rating Definition–Cordros Capital uses the following rating system BUY(OVERWEIGHT)-Over the next twelve months,we expect the stock to return at least 20% above the current market price. HOLD(NEUTRAL)-Over the next twelve months,we expect the stock to range between<-10%and<+20% from the […]
Nigerian Stocks Opens Positive, ASI Advance 0.49%
February 27, 2017/Cordros Research Nigerian equities started the week on a positive note, with the All Share Index advancing by 0.49% to close at 25,373.42 points. Following today’s performance, the Month-to-Date and Year-to-Date losses dropped to 2.55% and 5.59% respectively. The Oil & Gas (+1.67%) and Banking (+1.00%) indices closed […]
