July 6, 2022/Cordros Report EQUITIES The local bourse closed lower for the third straight session as profit-taking witnessed in UBN (-9.8%) caused a 0.1% decline in the benchmark index. Thus, the NGX ASI settled at 51,556.54 points. Consequently, the Month-to-Date loss was unchanged at -0.5%, while the Year-to-Date gain moderated […]

July 6, 2022/InvestmentOne Update ASI as at 12.00pm: +0.03% Market movers: ACADEMY (+9.79%), JAPAULGOLD (+7.41%), NEM (-10.00%) and UPL (-9.69%). Sector Performances: Consumer Goods (+0.29%), Banking (+0.10%), Oil and Gas (-0.16%) and Industrial. Market activity: In today’s trade, total volume and value decreased by 19% and 35% respectively, compared to […]

July 5, 2022/NGX The Debt Management Office (DMO) has listed the N250billion, 10-year 13% Ijarah Sovereign Sukuk due 2031, on Nigerian Exchange Limited (NGX), on Tuesday, 5 July 2022. The Ijarah Sovereign Sukuk was successfully listed on NGX, having fulfilled the conditions set by the Financial Regulatory Advisory Council of […]