Bearish sentiments dominated the market this week, with the local bourse following sell-offs of large cap stocks including NB (-7.7%), DANGCEM (-1.8%) and ZENITHBANK (-1.2%). Consequently, the All-Share Index shed 0.6% w/w to close at 39,261.01 points. September 3, 2021/Cordros Report Global Economy According to the China Federation of […]
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Nigerian Equities Snap 3-Day Losing Streak, Gains -0.2% on DANGCEM, ACCESS
September 2, 2021/Cordros Report EQUITIES The equities market snapped a three-day losing streak as bargain buying in DANGCEM (+0.8%) and ACCESS (+2.8%) underpinned a +0.2% increase in the All-Share index to 39,252.19 points. Accordingly, Month-to-Date and Year-to-Date return moderated to +0.1% and -2.5%, respectively. The total volume of trades […]
Nigerian Equities Sustain Loss, Dips -0.1% as Investors Sold-Off Nigerian Breweries Shares
September 1, 2021/Cordros Report EQUITIES The Nigerian equities market sustained yesterday’s loss as investors sold off NB (-2.9%). Precisely, the All-Share Index settled lower by 0.1% to 39,148.22 points, with Year-to-Date loss increasing to -2.7%. The total volume of trades declined by 60.2% to 169.30 million units, valued at NGN1.42 […]
