August 15, 2022/SEC Nigeria The Securities and Exchange Commission has restated that the protection of investors in the capital market is a top priority of the Commission. Executive Commission Operations of the SEC, Mr. Dayo Obisan stated this when he received a delegation from the Securities and Exchange Commission Zimbabwe […]
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NGX Opens Week Flat -0.01% Dragged by Consumer Goods Sector
August 15, 2022/Cordros Report EQUITIES The domestic equities market started the week’s trading with mixed sentiments as a loss in PRESCO (-10.0%) offset gains in MTNN (+0.5%) and ZENITHBANK (+2.1%). Thus, the All-Share Index closed flat at 49,657.33 points. Accordingly, the Month-to-Date loss and Year-to-Date gain settled at -1.4% and […]
Bellwether Counters Drag Nigerian Equities Market to -2.1% Weekly Loss
Precisely, the All-Share Index dipped by 2.1% w/w, to close at 49,664.07 points. Notably, selloffs of MTNN (-6.9%), BUACEMENT (-10.0%), DANGCEM (-2.3%) and STANBIC (-9.7%) stocks led to the weekly loss. August 12, 2022/Cordros Report Global Economy According to the Bureau of Labor Statistics (BLS), the US headline inflation slowed […]
