November 30, 2022/Cordros Report EQUITIES Sentiments in the local bourse turned positive as the All-Share Index inched higher by 0.7% to close at 47,660.04 points. Today’s performance was supported by bargain hunting in top telecommunications player – MTNN (+3.8%). Consequently, the Month-to-Date and Year-to-Date returns increased to +8.7% and […]
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MIDDAY UPDATE: Nigerian Stocks Head Northward +0.02% on Banking Sector Gains
November 30, 2022/InvestmentOne Update ASI as at 12.00pm: +0.02% Market movers: ACADEMY (+9.45%), ABCTRANS (+8.00%), RTBRISCOE (-6.90%) and STERLNBANK (-0.70%). Sector Performances: Banking (+0.24%), Consumer Goods, Industrial and Oil and Gas. Market activity: In today’s trade, total volume and value decreased by 9% and 47% respectively, compared to this time […]
Bears Sustain Hold on Nigerian Bourse Index Dips -0.2% Dragged by NB, Stanbic
November 29, 2022/Cordros Report EQUITIES Bearish sentiments persisted in the Nigerian equities market as losses in NB (-7.7%) and STANBIC (-4.2%) caused a 0.2% decline in the benchmark index. Thus, the NGX ASI settled at 47,322.97 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +8.0% and +10.8%, respectively. […]
