December 13, 2022/Cordros Report EQUITIES Bearish sentiments returned to the Nigerian equities market in today’s trading as profit-taking in MTNN (-3.3%) undermined market performance. Thus, the NGX ASI dipped by 0.1% to 48,853.54 points. Consequently, the Month-to-Date and Year-to-Date gains moderated to +2.5% and +14.4%, respectively. The total volume of trades decreased […]
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Intraday Update: Nigerian Stocks Up +o.41% Driven by Industrial Sector
December 13, 2022/InvestmentOne Update ASI as at 12.00pm: +0.41% Market movers: BUACEMENT (+3.60%), ROYALEX (+1.37%), SCOA (-9.30%) and JAIZBANK (-4.21%). Sector Performances: Industrial (+1.79%), Banking (-0.12%), Consumer Goods and Oil and Gas. Market activity: In today’s trade, total volume and value decreased by 4% and 27% respectively, compared to this […]
Nigerian Bourse Begins Week With Marginal Gain +0.04% Driven by Banking, Industrial Counters
December 12, 2022/Cordros Report EQUITIES The local bourse resumed the week on a bullish note as gains in ZENITHBANK (+1.6%) and FBNH (+1.9%) offset sell-offs in STANBIC (-1.8%). As a result, the All-Share Index increased marginally by 4bps to close at 48,899.08 points. Accordingly, the Month-to-Date and Year-to-Date gains […]
