May 18, 2022/Cordros Report EQUITIES The Nigerian equities market sustained its descent following selloffs in FBNH (-3.2%) and WAPCO (-2.4%). Thus, the All-Share closed lower by 0.1% to 52,721.34 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +6.2% and +23.4%, re0.1%spectively. The total volume of trades declined by 53.8% […]
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Nigerian Equities Market Extend Losses -0.4% Dragged by MTNN
May 17, 2022/Ciordros Report EQUITIES The local bourse dipped further into the bear territory as sustained profit-taking in MTNN (-1.7%) drove the benchmark index lower. Precisely, the All-Share Index fell by 0.4% to 52,756.62 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +6.3% and +23.5%, respectively. The total volume […]
Nigerian Stocks Open Week Negative, Index Dips -0.3% Dragged by MTNN, WAPCO
May 16, 2022/Cordros Report EQUITIES Trading activities in the domestic bourse started the week on a negative note, as profit-taking witnessed in WAPCO (-8.3%) and MTNN (-0.6%) caused a 0.3% decline in the benchmark index. Thus, the NGX ASI settled at 52,944.09 points. Accordingly, the Month-to-Date and Year-to-Date returns decreased to […]
