Local stocks closed in the green territory despite pressure from profit-taking activities during the week. Pertinently, the All-Share Index ended the week 1.2% higher, settling at 44,492.73 points. Precisely, bargain buying in GTCO (+10.8%), NB (+10.3%), STANBIC (+9.1%), ZENITHBANK (+7.0%) and MTNN (+2.6%) amid sell-offs of GUINNESS (-19.0%), WAPCO (-5.6%) […]
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Nigerian Equities Close Day Lower -0.09%, Dragged by ZENITHBANK, GUINNESS
November 17, 2022/Cordros Report EQUITIES Bearish sentiments resurfaced in the local bourse today as investors took profits off ZENITHBANK (-2.3%) and GUINNESS (-10.0%). Consequently, the All-Share Index dipped by 0.1% to 44,011.22 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +0.4% and +3.0%, respectively. The total volume […]
Market Records Bullish Performance, Up By +0.6% Driven by GTCO, ZENITHBANK
November 16, 2022/InvestmentOne Report EQUITIES In today’s trading session, the Nigerian equities market reversed the week’s losses and traded positively following bargain-hunting in ZENITHBANK (+8.5%) and GTCO (+6.6%). As a result, the All-Share Index notched a 0.6% gain to close at 44,050.44 points. Consequently, the Month-to-Date and Year-to-Date returns […]
