Capital Market

NSE ASI, Market Cap Rebounds, as Sentiments Reverses

By InvestAdvocate Lagos (INVESTADVOCATE)-Sentiments reversed in the Nigerian equities market following yesterday’s loss, as the all-share index (ASI) and market capitalisation advanced by 0.15 percent to close at 26,385.80 points. “Today’s gain reduced the Year-to-Date loss to 1.82 percent”, according to Cordros daily market update. The report says the Banking […]

Bears Resurface on Nigerian Bourse, NSE ASI Sheds 1.97% Y-t-D

10/1/2017/Cordros Research The bears resurfaced on the domestic bourse, with the All Share Index declining by 0.88% to close at 26,346.24 points. Following today’s unimpressive performance, the NSEASI has shed 1.97% Year-to-Date. Losses were recorded by most indices – save for the Oil & Gas (+0.15%) index which recorded a […]

Stocks Open Week Bullish, as Banking Index Emerge Biggest Gainer

January 9, 2017/Cordros Research The Nigerian equities market started the week on a bullish note, advancing by 1.25%; the All Share Index closed at 26,580.22 points. The All Share Index recorded its first back-to-back gains this year following Friday’s gain of 0.15%. The Banking (+4.04%) index recorded the biggest gain, […]