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FBNH,OKOMU,WAPCO Drives Nigerian Stocks Up +0.4% to Sustain Previous Gains

October 13, 2021/Cordros Report EQUITIES The domestic bourse sustained yesterday’s gains, as demand for – FBNH (+2.8%), WAPCO (+2.5%) and OKOMUOIL (+8.2%) drove the All-Share Index higher. Consequently, the NGX ASI advanced by 0.4% to close at 41,051.19 points. Thus, the Month-to-Date and Year-to-Date returns increased to +2.1% and +1.9%, […]

MIDDAY UPDATE: Nigerian Bourse Up +0.25% on Gains Across Sectors

October 13, 2021/InvestmentOne Update ASI as at 12.00pm: +0.25% Market movers: TRANSCOHOT (+9.94%), CHAMPION (+9.88%), HONYFLOUR (-5.33%) and IKEJAHOTEL (-4.55%) Sector Performances: Banking (+1.02%), Oil and Gas (+0.51%), Consumer Goods (+0.26%), and Industrial (+0.08%) Market activity: In today’s trade, total volume and value decreased by 53% and 38% respectively compared to this time yesterday, as investors have traded about 184million units of shares worth N2.15billion. FBNH (+3.76%) is […]

NGX Group Receives Approval to List from NGX

October 13, 2021/NGX Nigerian Exchange Group Plc (‘NGX Group’ or ‘The Group’) has received approval from Nigerian Exchange Limited (NGX or The Exchange) to list its shares on the main board of NGX on Friday, 15 October 2021. NGX Group will undergo a Listing by Introduction with 1,964,115,918 shares admitted […]