August 18, 2021/Cordros Report EQUITIES The domestic bourse traded marginally lower today as investors’ selling activities in Tier 1 stocks – FBNH (-0.7%), ACCESS (-1.1%) and GTCO (-0.9%) triggered a 1bp decline in the All-Share Index to 39,505.40 points. Consequently, Month-to-Date and Year-to-Date return printed +2.6% and -1.8%, respectively. The […]
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NGX Lists Two Additional FGN Savings Bonds Issued In August 2021
August 18, 2021/NGX Nigerian Exchange Limited (NGX) has announced that the August 2021 issue of the Federal Government of Nigeria (FGN) Savings Bonds were listed on its platform on Wednesday, August 18, 2021. The FGN Savings Bond is an investment instrument targeted at retail investors with a minimum subscription of N5,000. […]
Bargain-Hunting in Dangote Cement Drives Nigerian Stocks Higher +0.1%
August 17, 2021/Cordros Report EQUITIES The Nigerian equities market reversed yesterday’s loss following bargain-hunting in DANGCEM (+3.3%). Precisely, the All-Share Index inched higher by 0.1% to 39,550.36 points. Thus, Month-to-Date gain increased to +2.6%, while Year-to-Date loss moderated to -1.8%. The total volume of trades declined by 21.6% to 110.77 […]
