August 2, 2021/Cordros Report EQUITIES Trading in the domestic equities market opened the week with bullish performance as investors’ interest in bellwether MTNN (+1.8%), drove a 0.2% gain in the All-Share Index to 38,604.72 points. Consequently, the Year-to-Date loss moderated to -4.1%. The total volume of trades declined by 36.9% […]
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BUACEMENT, GUARANTY, ZENITHBANK Drives NGX Indices to -0.3% Weekly Loss
Notably, profit taking in BUACEMENT (-4.2%), GUARANTY (-3.7%) and ZENITHBANK (-1.2%) drove the weekly loss. Consequently, the All-Share Index shed -0.3% w/w to close at 38,547.08 points. July 30, 2021/Cordros Report Global economy In its July policy meeting, the United States Federal Open Market Committee (FOMC) voted to keep the […]
Union Bank, UACN Drags Nigerian Bourse Further into Bear Territory, Dips -0.8%
July 29, 2021/Cordros Report EQUITIES The Nigerian equities bourse dipped further into the bear territory following investors’ profit-taking activities in UACN (-8.9%) and UBN (-3.7%). Thus, the All-Share Index declined by 0.8% to 38,484.82 points. Accordingly, Month-to-date gain moderated to +1.5%, while Year-to-Date loss increased to -4.4%. The total volume […]
