This week, the dominance of the bulls ensured the local bourse closed the week on a strong footing, as the benchmark index recorded gains in all trading sessions following demand for bellwether stocks. Accordingly, the All-Share Index advanced by 6.9% w/w to close at 47,554.34 points. November 25, 2022/Cordros Report […]
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AIRTELAFRI, BUACEMENT Drive Nigerian Stocks to +0.8% Gain
November 24, 2022/Cordros Report EQUITIES Trading in the local bourse sustained the week’s positive momentum following bargain hunting in AIRTELAFRI (+6.3%) and BUAFOODS (+6.1%) stocks. Thus, the All-Share Index advanced by 0.8% to 46,604.94 points. Accordingly, the Month-to-Date and Year-to-Date returns printed +6.3% and +9.1%, respectively. The total volume of […]
MIDDAY UPDATE: Nigerian Stocks Up +0.16%, Driven by Bellwether Counters
November 24, 2022/InvestmentOne Update ASI as at 12.00pm: +0.16% Market movers: NB (+6.50%), BUAFOODS (+6.11%), CWG (-9.09%) and UCAP (-2.69%). Sector Performances: Consumer Goods (+2.08%), Oil and Gas (+0.16%), Industrial (+0.03%) and Banking (-0.98%). Market activity: In today’s trade, total volume and value decreased by 26% and 14% respectively […]
