June 17, 2022/NGX The investing public is hereby notified of the reclassification of Skyway Aviation Handling Company Plc from the Low -Priced Stock Group to the Medium -Priced Stock Group, in line with The NGX’s Pricing Methodology framework. Equity securities of Quoted Companies on The Exchange (NGX) are classified into […]
Investors Bite
NGX Follows Rout in Global Equities, Records -2.7% Weekly Decline on Bellwether Sell-Offs
The local bourse was not immune to the rout in global equities, as profit-taking activities dominated trading this week. Precisely, the All-Share Index declined by 2.7% w/w to close at 51,778.08 points, driven by sell-offs in MTNN (-7.9%), BUAFOODS (-7.9%), AIRTELAFRI (-1.2%), INTBREW (-15.0%) and some banking names. June 17, […]
AIRTEL, BUAFOODS Drags Nigerian Equities Market Down -0.7%
June 16, 2022/Cordros Report EQUITIES The local bourse traded positively for most of the day, however late profit-taking activities in BUAFOODS (-10.0%) and AIRTELAFRI (-1.2%) ensured the market closed lower. Precisely, the NGX ASI dipped by 0.7% to 52,411.09 points. Consequently, the Month-to-Date loss increased to -1.1%, while the […]
