Investors Bite

Bellwether Stocks Drive Nigerian Bourse to +2.0% Weekly Gain

Bargain hunting was the overarching theme during the week as investors flocked into bellwether stocks ahead of Q1-22 corporate earnings releases. Pertinently, the All-Share Index rose by 2.0% w/w to close at 48,459.65 points. April 22, 2022/Cordros Report Global Economy According to the Chinese National Bureau of Statistics (NBS), China’s […]

PepsiCo Announces Webcast of Annual Shareholders’ Meeting

April 21, 2022/PepsiCo PRNewswire/ — PepsiCo, Inc.’s (NASDAQ: PEP) virtual annual shareholders’ meeting (the “Annual Meeting”) will be webcast live on Wednesday, May 4, 2022 at 9 a.m. Eastern Daylight Time. Upon consideration of various factors, including the continued uncertainty regarding the potential impact of COVID-19, the Annual Meeting will be […]

Nigerian Stocks Sustain Bullish Run Gains +0.2% Driven by GTCO, ZENITHBANK

April 21, 2022/Cordros Report EQUITIES Trading in the Nigerian equities market sustained its positive momentum for the third consecutive session as the All-Share Index advanced by 0.2% to 48,223.86 points. Today’s performance was supported by gains in GTCO (+1.7%) and ZENITHBANK (+1.3%). Consequently, the Month-to-Date and Year-to-Date returns increased to […]