November 17, 2021/Cordros Report EQUITIES Bearish sentiments resurfaced in the domestic bourse as investors took profit off GTCO (-2.3%), ACCESS (-2.3%) and FBNH (-1.6%). Thus, the benchmark index declined by 0.2% to 43,349.90 points. Accordingly, the Month-to-Date and Year-to-Date gains moderated to +3.1% and +7.7%, respectively. The total […]
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Ardova Announces 1005 Acquisition of Enyo Retail and Supply
November 17, 2021/NGX Further to the announcement of 14 June 2021 wherein Ardova Plc (the “Company” or “Ardova”) notified the Nigerian Exchange Limited, its shareholders, and the investing public of the execution of a share purchase agreement to acquire 100% equity stake in Enyo Retail and Supply Limited (“Enyo”), the Company is […]
MIDDAY UPDATE: Nigerian Stocks Dip -0.04%, Dragged by Oil & Gas, Consumer Goods Counters
November 17, 2021/InvestmentOne Update ASI as at 12.00pm: -0.04%. Market movers: CHIPLC (-9.68%), CORNERST (-8.93%), ZENITHBANK (+3.74%) and UBA (+2.40%). Sector Performances: Oil and Gas (-0.51%), Consumer Goods (-0.41%), Banking (+0.21%) and Industrial. Market activity: In today’s trade, total volume and value decreased by 24% and 82% respectively, compared to this time yesterday, as investors have traded about 69million units of shares worth N988 million. FBNH (+0.40%) is the […]
