July 29, 2022/NGX Debt Management Office (DMO) has leveraged the Closing Gong ceremony of Nigerian Exchange Limited (NGX) to commemorate the listing of a Triple-Tranche $4billion Eurobonds, $1.25billion Eurobonds and the N250billion Sukuk on the Exchange. The event which took place on Thursday, 28 July 2022, featured the management of […]
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NESTLE, ZENITHBANK Drags Nigerian Stocks -1.04% to Sustain Bearish Run
July 28, 2022/Cordros Report EQUITIES The Nigerian equities market extended its losses for the fourth consecutive session as investors’ profit-taking activities on NESTLE (-9.8%) and ZENITHBANK (-8.3%) drove the market lower. Consequently, the All-Share Index fell below the 50,000 psychological mark, declining by 1.0% to 49,667.14 points – its […]
MTNN Sustain Drag on Nigerian Stocks as Index Decline -0.5%
July 27, 2022/Cordros Report EQUITIES Bearish sentiments persisted in the local bourse in today’s session as the All-Share Index declined by 0.5% to 50,188.55 points. Notably, sustained sell-offs in MTNN (-1.3%) stock undermined the market’s performance. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -3.1% and +17.5%, respectively. The total […]
