October 6, 2022/Cordros Report EQUITIES The Nigerian equities market dipped further into the bear territory as AIRTELAFRI (-10.0%) closed limit down. Precisely, the All-Share Index declined by 3.2% to 47,260.89 points – the most significant single-day loss since 12th March 2020 (-3.7%). Accordingly, the Month-to-Date loss printed -3.6% while the Year-to-Date […]

October 6, 2022/NGX Monthly trading data obtained from the Nigerian Exchange Limited (NGX) revealed that securities dealers brokered 7.4 billion shares worth N83.78 billion in September.  This is just as the market capitalisation closed at N26.45 trillion at the end of the same period, with the NGX All-Share Index appreciating […]

October 6, 2022/FBNQuest Today, we turn our attention to Nigeria’s stock exchange (NGX ASI), by comparing its performance with those of the two major bourses we track in Sub-Saharan Africa (SSA) – the Nairobi Stock Exchange 20 index (NSE20), and the Johannesburg Stock Exchange (JSE, Joburg).  On a year-to-date basis […]