Investors Bite

BUA Foods Lists 18Bn Ordinary Shares on NGX Main Board

January 5, 2021/NGX Nigerian Exchange Limited (NGX or The Exchange) is pleased to announce the listing by introduction of BUA Foods Plc on the Main Board of The Exchange on Wednesday, 5 January 2022. A total of 18 billion ordinary shares of BUA Foods were listed at N40.00 per share […]

Nigerian Equities Market Improves +1.1% on AIRTELAFRI

January 5, 2022/Cordros Report EQUITIES The Nigerian equities market continued trading with positive sentiments as investors bought up AIRTELAFRI (+10.0%). Thus, the All-Share Index advanced by 1.1% to 43,476.75 points. Accordingly, the Year-to-Date return printed +1.8%. The total volume of trades increased by 472.8% to 1.24 billion units, valued at […]

Bargain Hunting in BUACEMENT Drives Nigerian Stocks to +0.7% Gain to Start Year

January 4, 2022/Cordros Report EQUITIES The local bourse kicked off the first trading session of the year on a positive note, following bargain hunting on BUACEMENT (+7.3%) stock. Thus, the All-Share Index advanced by 0.7% to 43,026.23 points. Accordingly, the Year-to-Date return printed +0.7% respectively. The total volume of trades […]