May 6, 2022/FSDH Research Policy normalisation extends bearish trend in global equities The global equities market kickstarted Q2-2022 on a bearish note as fears of a surge in interest rates underpinned risk-off sentiments towards equities. This was broadly in line with our outlook for the month as only one of […]
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Bulls Sustain Hold as Blue-Chips Push NGX-ASI to Highest Level Since March 2008
Despite the shortened trading session, the bullish momentum in the local bourse gained steam as sustained bargain hunting activities in blue-chip stocks pushed the All-Share Index above the 50,000 psychological mark to close at 50,937.01 points – the highest level since March 2008. May 6, 2022/Cordros Report Global Economy In […]
Positive Performance Remains Dominant As ASI Gains + 1.42% on Consumer Goods, Industrial sectors
May 5, 2022/Cordros Report EQUITIES Bullish sentiments persisted in the Nigerian equities market as interest in top telecommunication player – MTNN (+6.1%) drove the benchmark index higher. Accordingly, the All-Share Index rose by 1.4% to 50,835.95 points. Consequently, the Month-to-Date and Year-to-Date returns increased to +2.4% and +19.0%, respectively. The […]
