In line with our expectations, cautious trading dominated the local bourse this week, as the All-Share Index ended the week flattish at 39,485.65 points. August 27, 2021/Cordros Report Global Economy According to flash estimates released by the IHS Markit, the United States (U.S) Composite PMI slowed sharply to 55.4 […]
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FBNH, PRESCO Buoy Nigerian Stocks to +0.1% Gain
August 26, 2021/Cordros Report EQUITIES The Nigerian equities market traded positively, driven by investors’ interest in FBNH (+1.4%) and PRESCO (+0.6%). Consequently, the All-Share Index edged up by 0.1% to close at 39,477.18 points. Accordingly, the Month-to-Date gain increased to +2.4%, while the Year-to-Date loss moderated to -2.0%. The total […]
MIDDAY UPDATE: Nigerian Stocks Up +0.05% on Gains Across Sectors
August 26, 2021/InvestmentOne Update ASI as at 12.00pm: +0.05%. Market movers: ETERNA (+9.97%), SOVRENINS (+9.09%), IKEJAHOTEL (-10.00%) and ABCTRANS (-8.33%) Sector Performances: Oil and Gas (+0.28%), Consumer Goods (+0.11%), Banking +0.07%) and Industrial. Market activity: In today’s early trade, total volume and value increased by 67% and 83% compared to […]
