November 10, 2022/InvestmentOne Update ASI as at 12.00pm: +1.83% Market movers: AIRTELAFRI (+10.00%), COURTVILLE (+8.70%), MRS (-9.83%) and CADBURY (-9.69%). Sector Performances: Oil and Gas (-0.50%), Banking (-0.12%), Consumer Goods (-0.07%) and Industrial. Market activity: In today’s trade, total volume and value increased by 590% and 49% respectively, compared to […]
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Bargain Hunting in Dangote Cement Spur Nigerian Stocks +0.04%
November 10, 2022/Cordros Report EQUITIES Trading in the domestic bourse edged a positive performance in today’s session, as the All-Share Index notched a 4bps gain to close at 43,477.48 points. Precisely, bargain hunting in DANGCEM (+0.6%) supported the market’s performance. Consequently, the Month-to-Date loss and Year-to-Date returns settled at -0.8% […]
Dangote Cement Drags Down Nigerian Equities Market -1.8%
November 8, 2022/Cordros Report EQUITIES In today’s trading session, the Nigerian equities market settled lower following profit-taking activities in DANGCEM (-8.3%). Thus, the All-Share Index declined by 1.8% to close at 43,461.60 points. Accordingly, the Month-to-Date loss increased to -0.9%, while the Year-to-Date gain moderated to +1.7%. The total volume […]
