June 27, 2022/Cordros Report EQUITIES The domestic equities market started the week’s trading on a positive note, as the All-Share Index closed higher by 0.5% to 51,962.85 points. Precisely, renewed demand for MTNN (+2.1%) stock supported the market’s performance. Accordingly, the Month-to-Date loss moderated to -1.9%, while the Year-to-Date returns […]
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MIDDAY UPDATE: Nigerian Stocks Gain +0.49%, Driven by Banking, Oil & Gas Counters
June 27, 2022/InvestmentOne Update ASI as at 12.00pm: +0.49% Market movers: ETI (+9.79%), JOHNHOLT (+9.52%), PZ (-9.20%) and RTBRISCOE (-8.33%). Sector Performances: Banking (+1.16%), Oil and Gas (+0.26%), Consumer Goods (-0.27%) and Industrial. Market activity: In today’s trade, total volume increased by 37%, while total value decreased by 6%, compared […]
United Capital Research Investment Views This Week 27th June 2022 to 1st July 2022
June 27, 2022/United Capital Research Macro Highlights and Outlook The Federal Government and the Nigerian Export-Import Bank (NEXIM) have signed a $40.0mn intervention fund for women in the Oil and Gas sector to increase women’s participation. This fund is made available through the NCDMB-NEXIM bank collaboration and the $300.0mn Nigerian […]
