Investors Bite

Profit-Taking in MTNN Drags Market into Negative Territory -0.02%

July 19, 2022/Cordros Report EQUITIES   The Nigerian equities market traded with mixed sentiments, albeit with a bearish tilt, as a loss in MTNN (-0.4%) triggered a 2bps decline in the All-Share Index to  52,308.88 points. Accordingly, the Month-to-Date and Year-to-Date returns were unchanged at +1.0% and +22.5%, respectively.   […]

Buy-Interest in SEPLAT Spurs Positive Performance, NGXASI Gains +0.20%

July 18, 2022/Cordros Report EQUITIES The domestic bourse kicked off the trading week with positive sentiments following buying interests in SEPLAT (+10.0%). Thus, the All-Share Index inched higher by 0.2% to 52,319.94 points. Consequently, the Month-to-Date and Year-to-Date returns advanced to +1.0% and +22.5%, respectively. The total volume traded declined […]

MIDDAY UPDATE: Nigerian Stocks Head Northwards, Up +0.27%

July 18, 2022/InvestmentOne Update ASI as at 12.00pm: +0.27% Market movers: RTBRISCOE (+8.11%), ETRANZACT (+4.55%), CWG (-10.00%) and MULTIVERSE (-9.89%). Sector Performances: Banking (-0.23%), Consumer Goods, Industrial and Oil and Gas. Market activity: In today’s trade, total volume and value decreased by 4% and 61% respectively, compared to this time […]