Investors Bite

Negative Performance Persists As ASI Dips -0.2% Dragged by NESTLE

March 22, 2022/Cordros Report EQUITIES The Nigerian equities market dipped further in the bear territory as investors sold off NESTLE (-2.8%) stocks. Thus, the All-Share Index declined by 0.2% to close at 47,156.56 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -0.5% and +10.4%, respectively. The total volume of […]

Forge Global Goes Public in NYSE in Business Combination With Motive Capital Corp

True Global Ventures’ portfolio company Forge Global publicly lists on the New York Stock Exchange March 22, 2022/Uniquecorn Strategies New York, 22nd of March, 2022 – True Global Ventures’ (“TGV”) portfolio company Forge Global Holdings, Inc (NYSE: FRGE) (“Forge”), a leading global private securities marketplace, completed its business combination with […]

Nigerian Stocks Open Week Negative -0.1% Dragged by Banking, Industrial Sectors

March 21, 2022/Cordros Report EQUITIES Trading in the domestic equities market kicked off the week on a negative note as profit-taking activities witnessed in UBA (-1.3%) caused a 0.1% decline in the benchmark index. Thus, the All-Share Index closed at 47,251.93 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -0.3% and +10.6%, respectively. […]