January 12, 2022/Cordros Report EQUITIES Bullish sentiments returned to the Nigerian equities market, as investors’ interest in DANGCEM (+6.2%) drove the benchmark index higher. Thus, the All-Share Index advanced by 1.7% to 44,608.82 points. Accordingly, the Year-to-Date gain increased to +4.4%. The total volume traded decreased by 9.6% to 266.33 […]
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MIDDAY UPDATE: Nigerian Stocks Rise +1.18% Buoyed by Banking, Industrial Counters
January 12, 2022/InvestmentOne Update ASI as at 12.00pm: +1.18% Market movers: DANGCEM (+6.18%), LINKASSURE (+6.00%), SUNUASSUR (-8.11%) and CONOIL (-3.18%). Sector Performances: Industrial (+3.19%), Banking (+0.11%), Oil and Gas (-0.14%) and Consumer Goods Market activity: In today’s trade, total volume and value increased by 12% and 25% respectively, compared to this time yesterday, as investors have traded about 73million units of shares worth N1.01 billion. TRANSCORP (+4.08%) is the […]
Negative Performance Returns, Market Sheds -0.09%, Dragged by Consumer Goods, Industrial Sector
January 11, 2021/Cordros Report EQUITIES The Nigerian equities market reversed yesterday’s gains and traded with negative sentiments as investors sold off on NESTLE (-7.8%). Thus, the All-Share Index settled lower by 0.1% to 43,859.30 points. Accordingly, the Year-to-Date return moderated to +2.7%. The total volume of trades decreased by 5.4% […]
