November 30, 2021/NGX MTN Nigeria Communications Plc (MTN Nigeria) is pleased to announce that the public offer to retail investors for the sale of up to 575 million shares held in MTN Nigeria by MTN Group will be priced at N169.00 per share (the Offer). The Offer will open at […]
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GTCO, UBN, ZENITHBANK Drags NGX Market Indices Down -0.1%
November 30, 2021/Cordros Report EQUITIES Profit-taking activities continued today in the Nigerian equities market as selloffs in banking stocks – GTCO (-1.4%), UBN (-6.2%), and ZENITHBANK (-1.0%) drove the benchmark index lower. Consequently, the All Share Index declined by 0.1% to 43,248.05 points with the Month-to-Date and Year-to-Date gains moderating […]
MIDDAY UPDATE: Nigerian Stocks Head Southward -0.14% Dragged by Banking, Consumer Goods Counters
November 30, 2021/InvestmentOne Update ASI as at 12.00pm: -0.14% Market movers: REGALINS (-10.00%), UPDC (-9.32%), AIICO (+7.89%) and MBENEFIT (+3.85%). Sector Performances: Banking (-0.98%), Consumer Goods (-0.19%), Oil and Gas and Industrial. Market activity: In today’s trade, total volume and value decreased by 42% and 55% respectively, compared to this time yesterday, as investors have traded about 58million units of shares worth N453 million. AIICO (+7.89%) is the most […]
