September 14, 2021/InvestmentOne Update ASI as at 12.00pm: -0.04% Market movers: REGALINS (-8.33%), SOVRENINS (-7.41%), UPDC (+9.93%) and ACADEMY (+8.33%), Sector Performances: Banking (-0.28%), Consumer Goods (-0.17%), Industrial (+0.13%) and Oil and Gas. Market activity: In today’s trade, while total volume increased by 53%, total value decreased by about 68% […]
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Nigerian Bourse Starts Week Bearish -0.2%, Dragged by WAPCO
September 13, 2021/Cordros Report EQUITIES Trading at the domestic bourse started the week mixed, albeit with a bearish tilt, as profit-taking activities witnessed in WAPCO (-1.8%) led the All-Share Index 2bps lower at 38,915.62 points. Accordingly, Month-to-Date and Year-to-Date losses printed -0.8% and -3.4%, respectively. The total volume of trades […]
Bears Consolidate Hold as Nigerian Bourse Records -0.9% Weekly Loss Dragged by Bellwether Stocks
The bears consolidated their hold on the local bourse as investors booked profit across bellwether stocks throughout the week. Precisely, sell-offs in AIRTELAFRI (-4.7%), FLOURMILL (-3.5%), GTCO (-2.9%) and STANBIC (-2.4%) drove the weekly loss. Thus, the All-Share Index shed 0.9% w/w, to close at 38,921.78 points. September 10, 2021/Cordros […]
