Investors Bite

Increased Activities by Domestic Institutional Investors Drive Bullish Bourse

October 26, 2021/CSL Research Based on the recently released NGX Domestic & Foreign Investment report for September 2021. The Nigerian equities market witnessed improved sentiments as total value traded on the local bourse increased, snapping the two months of consecutive decline. Based on the data, the total value traded rose […]

FBNH, UNILEVER Drives NGXASI to a +0.1%

October 25, 2021/Cordros Report EQUITIES   The domestic equities market kicked off the week positively, sustaining last week’s bullish performance as investors’ demand for UNILEVER (+6.9%) and FBNH (+2.5%) drove the All-Share Index higher. Precisely, the ASI advanced by 0.1% to 41,814.74 points, with the Month-to-Date and Year-to-Date returns increasing […]

Bellwether Stocks Drives Nigerian Equities Market to +0.8% Weekly Gain

Although the local bourse kicked off the week on a sluggish note, positive sentiments resurfaced later in the week as investors cherry-picked attractive dividend-paying stocks. Accordingly, the All-Share Index notched a 0.8% gain to close at 41,763.26 points. October 22, 2021/Cordros Report Global economy   China’s economy continues to grow […]