June 3, 2021/Cordros Report EQUITIES The domestic bourse extended yesterday’s gain, following investors’ interest in MTNN (+1.5%). Specifically, the All-Share Index advanced by 0.2% to 38,548.24 points. Accordingly, Month-to-Date gain increased to +0.3%, while Year-to-Date loss moderated to -4.3%. The total volume of trades increased by 59.1% to 249.69 million […]
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Nigerian Equities Market Rebounds +0.2% Spurred by Dangote Cement
June 2, 2021/Cordros Report EQUITIES Positive trading returned to the domestic equities market, as bargain buying in DANGCEM (+1.4%) spurred a 0.2% gain in the All-Share Index to 38,482.52 points. Consequently, the Month-to-Date return turned positive to +0.1%, while the Year-to-Date loss moderated to -4.4%. The total volume traded decreased […]
ZENITHBANK. WAPCO, SEPLAT Trigger Market Loss as NGX Indices Dips -0.1% to Start June
June 1, 2021/Cordros Report EQUITIES Sentiments in the domestic bourse turned negative, as sell-offs of large caps — ZENITHBANK (-0.7%), SEPLAT (-1.2%), and WAPCO (-0.9%) – triggered the market’s loss. Precisely, the All-Share Index declined by 0.1% to 38,414.37 points. Accordingly, Month-to-Date and Year-to-Date losses printed -0.1% and -4.6%, respectively. […]
