April 6, 2022/Cordros Report EQUITIES The Nigerian equities market resumed the week’s trading on a negative note as profit-taking witnessed in MTNN (-0.9%) caused a 0.3% decline in the benchmark index. Thus, the NGX ASI settled at 46,687.85 points. Accordingly, the MTD and YTD returns printed -0.6% and +9.3%, respectively. […]

Image Credit: Cordros Research April 1, 2022/Cordros Update It is widely known that market conditions that cause one investment portfolio to perform well may cause another to perform poorly; after all, not all fingers are equal. There are several reasons for this, the most obvious is asset allocation. A well-allocated […]

Bearish sentiments persisted in the local bourse for the third consecutive week as profit-taking activities dominated market performance with the benchmark index recording losses in three of the five trading sessions. Precisely, the All-Share Index ended the week 0.3% lower to close at 46,842.86 points. April 1, 2022/Cordros Report Global […]