February 9, 2022/Cordros Report EQUITIES Bullish sentiments returned to the Nigerian equities market, as investors’ interest in UBN (+6.8%) and ACCESS (+2.9%) ensured the first gain of the week. Thus, the All-Share Index advanced by 0.2% to 47,157.23 points. Accordingly, the Month-to-Date and Year-to-Date returns increased to +1.1% and +10.4%, respectively. […]
Investors Bite
BUAFOODS, MTNN Drags NGX Indices Down -0.3%
February 8, 2022/Cordros Report EQUITIES The domestic bourse extended yesterday’s loss as investors sold off BUAFOODS (-4.0%) and MTNN (-1.0%). Thus, the All-Share Index declined by 0.3% to 47,057.24 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +0.9% and +10.2%, respectively. The total volume of trades declined by 16.6% to 238.22 million units, valued at NGN5.09 […]
Equities Market Shed -0.31% Dragged by Banking, Industrial Counters
February 8, 2022 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday closed in the negative territory as the NGX-ASI dipped –0.31 percent to 47,057.24 basis points; dragged by Banking, Industrial sectors, InvestmentOne reports. The report says in Tuesday’s trade, market breadth index was negative with 18 gainers […]

