Investors Bite

Nigerian Equities Back to Positive Territory -0.1%, Driven by GTCO

December 15, 2021/Cordros Report EQUITIES Positive sentiments returned to the Nigerian equities market following investors’ interests in GTCO (+2.4%). Consequently, the All-Share Index advanced by 0.1% to 42,357.36 points. Accordingly, Month-to-Date loss moderated to -2.1%, while Year-to-Date gains increased to +5.2%. The total volume of trades declined by 16.3% to […]

Bulls Back to Nigerian Bourse as Index Rises +0.09% Driven by Consumer Goods Sector

December 15, 2021/InvestmentOne Report The Nigerian equities market closed in positive territory by 0.09% as NGX-ASI closed at 42,357.36 pts.  In today’s trade, market breadth index was positive with 19 gainers against 13 losers.  REDSTAREX (+7.94%)  led the gainers, while ETRANZACT (-9.57%) was the top loser today.  INTBREW (-4.08%)  was the most actively traded stock with about 51 million units of […]

GTCO Drags Benchmark Index Down -0.2%

December 14, 2021/Cordros Report EQUITIES Activities in the domestic bourse reversed yesterday’s gain, closing lower as investors sold off GTCO (-3.9%). Thus, the All-Share Index declined by 0.2% to 42,317.52 points. Consequently, the Month-to-Date loss increased to -2.2%, while the Year-to-Date gain moderated to +5.1%. The total volume traded increased […]