Investors Bite

NGX-ASI Resumes the Week in Green +0.3% Buoyed by MTNN

June 6, 2022/Cordros Report EQUITIES The domestic bourse kicked off the trading week with positive sentiments following buying interests in MTNN (+2.0%). Thus, the All-Share Index inched higher by 0.3% to 53,086.46 points. Consequently, the Month-to-Date and Year-to-Date returns advanced to +0.2% and +24.3%, respectively. The total volume traded increased […]

NGX Close Week Bearish -2.2% on Profit-Taking Activities

June 3, 2022/Cordros Report Local stocks closed in the bear territory following pressure from profit-taking activities during the week. Save for the last trading day of the week; the local bourse recorded losses in all of the week’s five trading sessions. Accordingly, the All-Share Index shed 2.2% w/w to close […]

Nigerian Breweries Drags NGX to -0.3% Loss as Bears Sustain Dominance

June 3, 2022/Cordros Report EQUITIES The bears continued to dominate in the Nigerian equities market as investors sold off NB (-4.7%) stock. Precisely, the All-Share Index dipped by 0.3% to 52,815.78 points. Consequently, the Month-to-Date loss printed -0.3%, while the Year-to-Date return moderated to +23.7%. The total volume traded decreased […]