January 18, 2022/NGX Nigerian Exchange Limited (NGX or The Exchange) started the year off with the listing by introduction of BUA Foods Plc on the Main Board of The Exchange. In keeping with its practice of intimating stakeholders with details of notable transactions such as these, NGX hosted the Management […]
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BUAFOODS Drags NGX Indices -0.1% to Open Week Bearish
January 17, 2022/Cordros Update EQUITIES The Nigerian equities market started the week on a negative note as profit-taking witnessed in BUAFOODS (-6.4%) caused a 0.1% decline in the benchmark index. Thus, the NGX ASI settled at 44,399.66 points. Consequently, the Year-to-Date gain moderated to +3.9%. The total volume traded declined […]
Nigerian Equities Market Starts Week Negative -0.12% Dragged by Banking Counters
January 17, 2021/InvestmentOne Update The Nigerian equities market closed southwards by 0.12% as NGX-ASI closed at 44,399.66pts. In today’s trade, market breadth index was negative with 22 losers against 16 gainers. VERITASKAP (-8.70%) led the losers, while TIP (+10.00%) was the top gainer today. TRANSCORP (-5.26%) was the most actively traded stock with about 39million units of shares worth about […]
