November 2, 2021/InvestmentOne Update ASI as at 12.00pm: +0.25% Market movers: CHAMS (+8.70%),LASACO (+8.33%), SOVRENINS (-8.33%), and UNITYBNK (-6.90%). Sector Performances: Industrial (+1.21%), Oil and Gas (+1.18%), Consumer Goods (+0.07%), and Banking (-0.88%). Market activity: In today’s trade, total volume decreased by 19% while total value increased by 12% , compared to this time yesterday, as investors have traded about 121million units of shares worth N978million. UBA […]
Investors Bite
FBNH,GTCO,ETI Drag Nigerian Stocks to Open Week -0.2% Down
November 1, 2021/Cordros Report EQUITIES The Nigerian equities market started the week and month on a negative note as profit-taking witnessed in FBNH (-2.7%), GTCO (-0.9%), and ETI (-4.5%) caused a 0.2% decline in the benchmark index. Thus, the NGX ASI settled at 41,789.59 points. Consequently, the Year-to-Date gain moderated to […]
Bulls Sustain Hold on Nigerian Bourse Seventh Straight Week +0.7% Driven by Bellwether Stocks
VIEW REPORT The bullish run in the local bourse persisted for the seventh consecutive week as investors flocked into bellwether stocks following broadly impressive quarterly earnings released. Pertinently, the All-Share Index inched higher by 0.7% w/w to close at 42,038.60 points. October 29, 2021/Cordros Report Global economy Economic growth […]
