This week, the dominance of the bulls ensured the local bourse closed the week in the green territory, as the benchmark index advanced by 0.8% w/w to close at 49,706.09 points. December 23, 2022/Cordros Report Global Economy At its last meeting of the year, the People’s Bank of China (PBoC) […]
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Purple Real Estate Income 2.0 Billion Ordinary Shares IPO Closes Friday
December 23, 2022/Cordros Update Frequently Asked Questions What is THE PURPLE offer? Purple Real Estate Income PLC is offering 2,000,000,000 ordinary shares of 50 kobo each @ N5 per share, which will be issued by way of an initial public offer. Investors will be buying equity in Purple, a tech […]
Bargain Hunting in FBNH, STANBIC Drives NGXASI Higher by +0.1%
December 22, 2022/Cordros Report EQUITIES The local bourse extended yesterday’s gain as bargain hunting in FBNH (+4.1%), and STANBIC (+3.9%) drove the All-Share Index 0.1% higher to 49,499.43 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at +3.9% and +15.9%, respectively. The total volume traded declined by 67.8% to 132.57 […]
