July 7, 2021/Cordros Report EQUITIES Positive sentiments persisted in the local bourse following investors interest in Tier-1 banking stocks – ACCESS (+2.7%) and ZENITHBANK (+0.8%). Thus, the All-Share Index advanced by 0.2% to 38,501.31 points, with Month-to-Date gain increasing to +1.6% while Year-to-Date loss moderated to -4.4%. The total volume […]
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NGX Announces H1 2021 Results, Review of Market Indices
July 7, 2021/NGX Nigerian Exchange (NGX or The Exchange) Limited has announced the results of its half-year market index review for the following indices – the NGX 30, NGX Lotus Islamic, NGX Pension, Corporate Governance Index, Afrinvest Bank Value Index, Afrinvest Dividend Yield Index, Meristem Growth Index, Meristem Value Index; […]
Foreign Investors’ Demand in SEPLAT, Bargain Hunting in ACCESS, UBA, ZENITH Spur NGX Gain
July 6, 2021/Cordros Report EQUITIES The domestic equities market traded with bullish sentiments, as foreign investors’ demand for SEPLAT (+7.1%) and bargain hunting in Tier-1 Banking stocks — ZENITHBANK (+2.9%), ACCESS (+5.1%) and UBA (+5.4%) — spurred the market’s gain. Accordingly, the All-Share Index rose above the 38,000 psychological mark, […]
