August 10, 2022/InvestmentOne Report The Nigerian equities market closed positive by 1.47% as the NGX-ASI settled at 50,075.47pts. In today’s trade, market breadth index was positive with 20 gainers against 10 losers. DANGCEM (+9.96%) was the top gainer, while WAPCO (-8.84%) led the losers today. JAIZBANK (+3.45%) was the most actively traded […]
Investors Bite
No Winding Up Petition-Ardova Says
August 9, 2022/NGX Attention of the Management of Ardova Plc (Ardova or the Company) has been drawn to news circulated in various media publications on 8 August 2022, which seem to include Ardova Plc in a report of a “charge” to wind-up Prudent Energy & Services Limited (PESL) over an […]
DANGCEM, MTNN Drags NGX Indices -2.3% into Bear Territory
August 9, 2022/Cordros Report EQUITIES The Nigerian equities market dipped further into the bear territory as investors sold off DANGCEM (-9.1%) and MTNN (-4.3%). Accordingly, the All-Share Index fell below the 50,000 psychological mark, declining by 2.3% to 49,350.71 points. Consequently, the Month-to-Date and Year-to-Date returns printed -2.0% and […]
