August 23, 2021/Cordros Report EQUITIES Trading in the domestic bourse carried on last week’s bearish performance, as selloffs in WAPCO (-5.3%) and UBN (-3.8%) triggered the market’s loss. Thus, the benchmark index declined by 0.1%, to close at 39,434.69 points. Accordingly, Month-to-Date and Year-to-Date return settled at +2.3% and -2.1%, […]
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Selloffs in Bellwether NESTLE Drags Nigerian Bourse to -0.1% Weekly Loss
Precisely, selloffs in bellwether — NESTLE (-9.1%) drove the weekly loss. As a result, the All-Share Index declined marginally by 0.1% w/w to close at 39,483.08 points. August 20, 2021/Cordros Report Global Economy The blend of stimulus packages and sustained easing of containment measures has helped the Euro Area […]
Nigerian Equities Market Closes Higher +0.3% Driven by MTNN
August 19, 2021/Cordros Report EQUITIES Trading in the local bourse was negative for most of the day; however, late demand for bellwether stock — MTNN (+2.6%) ensured the market closed higher. Consequently, the NGX ASI edged up by 0.3% to 39,670.29 points. Accordingly, Month-to-Date gain rose to +2.9%, while Year-to-Date […]
