March 9, 2022/InvestmentOne Report The Nigerian equities market closed in the positive territory by 0.28% as NGX-ASI closed at 47,2787.09pts. In today’s trade, market breadth index was broadly positive with 30 gainers against 12 losers. PRESCO (+10.00%) was the top gainer, while ELLAHLAKES (-9.92%) led the losers today. FBNH (+3.14%) was […]
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Nigerian Equities Reverses One-Week Straight Descent, Up+0.3% Driven by NESTLE
March 9, 2022/Cordros Report EQUITIES The Nigerian equities market reversed its one-week consecutive descent and traded positively, driven by investors’ interest in NESTLE (+2.9%). Thus, the All-Share Index advanced by 0.3% to 47,287.09 points. Accordingly, the Month-to-Date return moderated to -0.2%, while the Year-to-Date return increased to +10.4%. The total volume […]
NESTLE Drags Down Market Indices by -0.2% as Bears Run Continues
March 8, 2022/Cordros Report EQUITIES Negative sentiments persisted in the local bourse as investors took profit off NESTLE (-2.8%). Consequently, the All-Share Index declined by 0.2% to close at 47,154.35 points. Thus, the Month-to-Date and Year-to-Date returns moderated to -0.5% and +10.4%, respectively. The total volume of trades increased by […]
