December 3, 2021/NG Clearing Limited The Nigerian financial services sector is agog as all is now set for the formal launch of NG Clearing Limited, the first central counterparty (CCP) in West Africa, on Thursday, 9 December 2021. The launch of NG Clearing precedes the trading of the first exchange-traded […]
Investors Bite
GTCO, MTNN, ZENITHBANK Drags NGX Index -0.5% to Extends Previous Loss
December 2, 2021/Cordros Report EQUITIES The domestic bourse extended yesterday’s loss as investors sold off MTNN (-1.1%), GTCO (-0.4%) and ZENITHBANK (-1.9%). Thus, the All-Share Index declined by 0.5% to 42,247.98 points. Accordingly, Month-to-Date loss increased to -2.3% while Year-to-Date gain moderated to +4.9%. The total volume of trades declined […]
Nigerian Stocks Downward Trajectory Persists, Benchmark Index Dips by -0.51%
December 2, 2021/InvestmentOne Report The Nigerian equities market closed negatively by 0.51%, as NGX-ASI closed at 42,247.98 pts. In today’s trade, market breadth index was broadly negative with 34 losers against 17 gainers. BOCGAS (-10.00%) was the top loser, while MEYER (+10.00%) led the gainers today. FBNH (+0.42%) was the most actively traded stock with about 113 million units of shares worth […]
