Investors Bite

NGX Retains Positive Performance +0.11% Driven by BUACEMENT

September 1, 2022/Cordros Report EQUITIES Bullish sentiments persisted in the local bourse as buying interest in BUACEMENT (+2.7%) drove the All-Share Index 0.1% higher to close at 49,889.88 points. Accordingly, the Year-to-Date return settled at +16.8%. The total volume traded declined by 37.6% to 229.12 million units, valued at NGN1.75 […]

Access Bank Announces Divestment from Pension Fund, Transfers Equity to First Pension Custodian

September 1, 2022/NGX Sequel to its announcement on May 18, 2022, Access Holdings Plc trading as Access Corporation is pleased notify that its subsidiary, Access Bank Pic has completed the divestment of its entire equity interest in Access Pension Fund Custodian Limited to First Pension Custodian Nigeria Limited (‘the Transaction’), […]

Bargain-Hunting in BUAFOODS Push Nigerian Stocks to Gain +0.4%

August 31, 2022/Cordros Report EQUITIES The Nigerian equities market edged higher in today’s trading session as the All-Share Index notched a 0.4% increase to close at 49,836.51 points. The positive performance was supported by bargain-hunting in BUAFOODS (+4.5%). Accordingly, the Month-to-Date loss moderated to -1.1%, while the Year-to-Date gain increased […]