The local bourse was not immune to the rout in global equities, as bearish sentiments persisted for the second consecutive week. Accordingly, the All-Share Index shed 0.6% w/w to close at 49,370.62 points. August 19, 2022/Cordros Report Global Economy In the United Kingdom (UK), spiralling food and energy prices […]
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BUACEMENT, MTNN, OKOMUOIL Drags Nigerian Stocks -0.3% as Bears Sustain Hold
August 18, 2022/Cordros Report EQUITIES Bearish sentiments persisted in the Nigerian equities market following profit-taking activities in OKOMUOIL (-10.0%), BUACEMENT (-1.4%), and MTNN (-0.5%) stocks. Precisely, the All-Share Index dipped by 0.3% to 49,546.38 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -1.6% and +16.0%, respectively. The total […]
Neimeth Rights Issue for 2,373,947,500 Ordinary Shares Closes August 25
August 18, 2022/Cordros Update
