Positive sentiments returned to the local bourse this week as the gradual release of corporate earnings bolstered buying interests in dividend-paying stocks. Consequently, the All-Share Index advanced by 0.7% w/w August 6, 2021/Cordros Report Global economy According to the preliminary estimates from the IHS Markit, economic activity in the United […]
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GTCO, MTNN Drags Nigerian Equities Market -0.3% to Bearish Territory
August 5, 2021/Cordros Report EQUITIES The Nigerian equities market turned bearish after three consecutive days of gains, following late sell-offs of MTNN (-1.8%) and GTCO (-1.2%). Precisely, the All-Share Index declined by 0.3% to 38,801.51 points. Accordingly, Month-to-Date gain printed +0.7%, while Year-to-Date loss increased to -3.7%. The total […]
PRESCO, VITAFOAM Trigger +0.03% Expansion in NGX All-Share Index
August 4, 2021/Cordros Report EQUITIES The Nigerian equities market traded marginally higher, as interests in PRESCO (+3.7%) and VITAFOAM (+1.0%) triggered a 3bps expansion in the All-Share Index to 38,927.83 points. Accordingly, Month-to-Date and Year-to-Date returns printed +1.0% and -3.3%, respectively. The total volume of trades declined by 10.9% to […]
